Angolan companies win public tender in Sao Tome and Principe

14 June 2007

Sao Tome, Sao Tome and Principe, 14 June – Two Angolan construction companies, Gibela and Minel, have won the public tender to refurbish public infrastructures in Porto Alegre, in the southern area of the capital of Sao Tome and Principe, an official said in Sao Tome Wednesday.

The director of Public Works and Urbanism of Sao Tome and Principe, José Carvalho said that as well as refurbishment works, estimated to cost US$1.5 million, due to begin in July, the contract also outlines the building of some works from scratch.

According to the project, Carvalho highlighted the refurbishment work on the building that houses the area’s administrative services, public bathing and laundry as well as ten homes located in the centre of the city of Porto Alegre, which is some 90 kilometers from the Sao Tome capital.

The agreement also includes construction of 20 social houses for the area’s farmers, including assembling thermal centers for producing electricity.

The work is expected to take just over six months and are part of a plan to reduce poverty and re-launch tourism on the Sao Tome archipelago.

Less than two months ago, the Angolan government said it was available to set up credit lines to encourage Angolan private investment in Sao Tome and Principe, in the tourism, commerce, fishing and agricultural sectors. (macauhub)