Angola: Cabinda city to have four star hotel

2 May 2008

Luanda, Angola, 2 May – An investment project for the construction and management, in the city of Cabinda, of a four star hotel unit at a total investment of US$26 million, was approved Wednesday in Luanda by the council of ministers.

According to Angolan news agency Angop, the project known as Sana Cabinda Park Hotel, owned by Sociedade de Investimentos Hoteleiros de Cabinda Lda “Sicab,” an Angolan company, includes the creation of 170 direct jobs.

The Council of Ministers also approved the private investment project in a new beer company, known as Nova Companhia de Cervejas do Huambo “Nocebo”, owned by Mbakassi & Filhos Lda and BIH Brasseries Internationales Holding Limited.

The project, which outlines investment of US$42 million, will be implemented in the city of Huambo and include the recuperation, modernisation and expansion of the old Coba beer factory. (macauhub)