Soares da Costa/Griner consortium to build shopping centre in Angola costing US$62.7 million

27 December 2011

Luanda, Angola, 27 Dec – The Soares da Costa/Griner -Engenharia consortium was awarded the tender for construction of the Shopping Fortaleza shopping centre in Luanda costing US$62.7 million, the Portuguese construction company said.

According to a statement from Soares da Costa, the project, which is a seven-storey building, is due to be finished within 18 months.

“Soares da Costa has thus seen its portfolio of orders in the Angolan market grow, which already totalled 484 million euros at the end of the third quarter of 2011.”

In the first nine months of this year, the Portuguese company saw its profit fall by 10.1 percent to 7.1 million euros. (macauhub)