Portuguese group Soares da Costa to build Central Bank of Sao Tome and Principe building

27 November 2012

Sociedade de Construções Soares da Costa, a subsidiary of Portuguese construction group Soares da Costa, has been awarded the contract to build the future headquarters building of the Sao Tome and Principe Central Bank, the group said Monday in a regulatory filing.

In a statement published by the Portuguese stock market regulator, CMVM, the Portuguese group said that the project, which was worth 6.5 million euros, involved construction of a four-storey and a total construction area of 4,200 square metres.

The group said in the statement that this work was in addition to another recently awarded project to build the first phase of national road No. 1 for 5.3 million euros.

In the same statement, the Soares da Costa group also said that the consortium in Mozambique, in which its subsidiary has a 50 percent stake, had been notified of an intention to award a construction project in Swaziland, which is to build a road of around 12 kilometres including two bridges for a total of 17.6 million euros. (macauhub)