Chinese-owned company modernises Mozambique’s most luxurious hotel

9 June 2009

Maputo, Mozambique, 9 June – Sogecoa (Moçambique), a consruction company owned by two Chinese businessmen, Jian Qingde and Jiang Zhaoya, is refurbishing POoana Serena, the most luxurious hotel in the Mozambican capital, Macauhub has learned from a source at the Tourism Ministry.

The source contacted by Macauhub also said that the modernisation of the 5-star hotel, owned by the Aga Khan Foundation for Economic Development, would cost around US$24 million.

Sogecoa (Moçambique) also built a building with over ten floors also close to the Investment Promotion Centre (CPI), where the Chinese Centre for Investment Promotion in Mozambique is installed, Macauhub learned.

Chinese companies are playing an increasing role in the construction sector in Mozambique.

Chinese company Construção CCM is building a six storey building in the Mozambican capital that will be used as office space, amongst other uses.

Construção CCM is currently involved in the projects to build the buildings for the new Palace of Justice, the Attorney General Building and the Central Office for Fighting Corruption.

Other companies working in the construction sector are China Henan International Cooperation Group (Chico) and Anhui Foreign Economic Construction Corporation (AFECC).

Large contracts such as the Joaquim Chissano international conference centre, the national stadium, as well as the expansion and refurbishment of Maputo international airport all involve Chinese companies.

China Henan International Cooperation Group, in its turn, is involved in expanding and refurbishing the integrated water supply system in the Mozambican central province of Manica. (macauhub)