Angola: Building of infrastructures for Luanda Bay project starts in December

19 September 2008

Luanda, Angola, 19 Sept – Construction of the main infrastructures of teh project for urban renewal of the Luanda coastal road, estimated to cost US$2.3 billion, is due to start in December, the project’s coordinator said Thursday.

Catarina Sierra told Angolan news agency Angop that the international tender for building housing, offices, retail area, hotels, tourist and leisure areas had been concluded.

The Luanda Bay project, which was approved by the Council of Ministers in September 2007, will build private and public projects along the entire coastal area of Avenida 4 de Fevereiro, with strict measures in place to reduce environmental impact.

Since the start of work (7 November, 2007), the Baía Project has had three phases concluded, namely opening up of the channel and setting up the land fill area on the extension of 17 de Setembro plaza, refurbishment and cleaning up of pumping stations and the sewerage system, as well as dredging and land fill work.

The state is responsible for funding the public works part of the project, estimated to cost US$113.6 million.

Funded via bank loans, the development includes opening up new car parks with a capacity for 1,600 vehicles, creating public and leisure areas, with landscaped areas, as well as refurbishment of the frontage of some buildings along Avenida Marginal.

The private work includes construction of two buildings (one with 37 floors and the other with 24 floors) for office, retail and housing use and a further two buildings for multi-use, such as a hotel and convention centre, across an area of 122,581 square metres.

Plans also include building areas for housing, offices, retail and hotel, tourism and leisure projects on Cabo Island, mainly on land reclaimed from the bay, totalling 965,000 square metres. (macauhub)