Brazil’s Odebrecht rebuilds Cacuso-Kapanda road in Angola

27 February 2007

Luanda, Angola, 27 June – Brazilian construction company Odebrect has signed a contract with the Angolan government for the rebuilding and asphalting of the 70 kilometers of road between Cacuso and Kapanda, in Malanje province, Macauhub learnt Tuesday.

The work, estimated to cost US$39.4 million, will provide access to the Kapanda hydroelectric dam and contribute to the economic development of the north-central Angolan province.

Odebrecht was chosen to carry out the work earlier this month and the contract was signed between the Brazilian company and the Angolan Roads Institute (INEA)

Odebrecht, which has worked in Angola for 23 years, employs over 13,000 people, of which just 500 are Brazilian.

Most of the Brazilian company’s work is related to the construction sector, namely the Kapanda dam in Malanje, the sewage system in Angola, construction of the Viana Industrial Center, as well as the construction of the highway between Viana and Calomboloca.

Odebrecht is also involved in diamond mining, with an operation that employs 4,000 people, as it is a shareholder in Angolan companies SADM and Sociedade Mineira de Catoca.

In the real estate sector the company launched three large projects: Belas Shopping, the Belas Business Park residential area and the Riviera Atlântico condominium. (macauhub)