Angola: Chicoil Group invests in hotel construction

8 May 2009

Lubango, Angola, 8 May – Angolan group Chicoil is investing US$200 million in the construction of five hotels in the provinces of Huila, Namibe, Benguela and Lunda Sul, as part of a programme to expand the country’s hotel network, according to Angolan news agency Angop.

The chairman of the group, Elias Chimuco told Angop that in the province of Benguela two hotel units were being built and the provinces of Namibe, Lunda Sul and Huila would have one hotel each, with between three and five stars.

Without giving a specific amount for investment in other provinces, Chimuco said that the hotel under construction in Huila was valued at US$20 million, and US$15 million would be applied to construction and the remainder to equipping the unit.

The hotel, called “Chik-Chik,” and work on which is the responsibility of contractor Angoconstroe, began in February and is due to finish in December of this year.

The hotel unit will have six floors with 125 rooms, three conference rooms, swimming pools, gymnasium, sauna, restaurants and an underground car park.

According to Chimuco, the Lunda Sul hotel, construction of which began in 2008, will have 200 rooms, whilst the others will have between 120 and 125.

He note that after construction of the five hotel units, the group’s board planned to build a further eight hotels in other provinces. (macauhub)