Portuguese companies to build social housing in Cape Verde

12 May 2011

Praia, Cape Verde, 12 May – Five Portuguese companies, in a consortium with five Cape Verdean companies, signed contracts in Praia to build 452 social houses in Cape Verde, as part of the “House for Everyone” project, funded by Portugal.

The contracts were signed by Portuguese companies HFN (in partnership with Engeobra), Armando Cunha (Sogei), Engenharia Casais (Tecnicil Construção), Monte Adriano (MTCV) and Luís Frazão SA (Luís Frazão, Lda).

The five consortiums are covered by the 200 million-euro credit line provided by Portugal in 2009, during a visit to Cape Verde by Portuguese Prime Minister José Sócrates, to carry out the “House for Everyone” programme, which aims to reduce the housing deficit of around 82,000 units.

This figure is out of date, however, and according to a study there is currently a deficit of around 40,000 houses, Carlos Moura, president of Imobiliária, Fundiária e Habitat (IFH, the body that manages the programme) told Portuguese news agency Lusa.

The five Portuguese companies, which have a 51 percent share of each of the consortiums, in the second phase of the programme will build 452 houses – 196 on Fogo islands, 171 on Boavista and 86 in S. Nicolau, costing 11.2 million euros – and are expected to conclude the work in 17 months.

According to Moura the project will build 8,500 houses over a five-year period, thus reducing the housing deficit on the archipelago by around 20 percent.

Moura said that conclusion of the second phase of the tender was due soon with the signing of new contracts worth 10 million euros. (macauhub)