Beijing, China, 14 March – State Chinese company CICM has won a US$28.4 billion contract to rebuild the electricity grid in the Angolan capital of Luanda, the Chinese press reported Thursday.
According to Chinese news agency New China, citing unnamed sources in Luanda, the Angolan government has approved the contract between CICM and Luanda electricity distribution company Companhia de Fornecimento Eléctrico de Luanda for the third phase of the project for reconstruction and expansion of the Luanda electricity grid.
The third phase of the project aims to improve and expand the capacity to supply electricity to the center and south of Luanda and includes repairing medium and low voltage networks and installing transmission lines in the areas of Tourada and Morro Bento.
According to New China, the project also includes installation of electricity distribution cables to residential buildings and construction of two sub-station in Ngol Kiluange and Maianga.
Luanda suffers from frequent blackouts as 27 years of civil war destroyed much of the city’s electricity infrastructure and led to an over-population of the capital.
As a result of the conflict, around 4 million people moved into Luanda, a city designed for 500,000 people.
In 2002 CICM, in cooperation with the Angolan government, CICM began the reconstruction of the Luanda electricity grid, which was expected to have been concluded by the end of 2006, according to previous reports from New China.
Via China’s Eximbank, Beijing provided Angola with a US$4.4 billion credit line for rebuilding its infrastructures. (macauhub)