Portuguese construction company Teixeira Duarte awarded 180 million-euro contract in Angola

30 December 2010

Lisbon, Portugal, 30 Dec – Portuguese construction group Teixeira Duarte has signed a contract with real estate group Escom – Espírito Santo Imobiliária for construction of three buildings in Luanda, Angola, the group said in a statement issued in Lisbon.

In the filing with Portuguese market regulator, CMVM, the group said that the project was made up of three buildings – Sky Residence 1, Sky Residence 2 and Sky Business – with a building area of 5,125 square metres, with each of them having an eight-story basement for parking and technical areas and, above ground, between 22 and 25 floors for retail areas, offices and apartments.

“The value of the contract is approximately 180 million euros, and the deadline for conclusion of the work is 24 months,” the Teixeira Duarte group said in its regulatory filing. (macauhub)