Luanda, Angola, 18 Dec – The government of Angola Thursday in the Camama area of Kilamba Kiaxi municipality (Luanda province) launched a real estate development of 145,000 homes, estimated to cost US$174 million.
Located in the area of the Luanda ring road and the Camama road, the housing area was planned to be the newest satellite city of the Angolan capital and will house up to 350,000 people.
The Angolan Public Works minister, Higino Carneiro, who launched the development known as “Camama infrastructure project,” announced that it would be concluded in 14 months.
The residential complex that will be built by a Chinese consortium, includes leisure and social infrastructure areas, including schools, health centres, retails establishments, piped water, electricity, sewage network, paving and public lighting.
The ambassador of the People’s Republic of China to Angola, Zhang Bolun attended the ceremony to start the work. (macauhub)