Portuguese consortium to build Fútila Industrial Hub in Angola

18 December 2012

A consortium made up of companies from Portuguese construction groups Edifer and Soares da Costa has been awarded the contract to build the infrastructure and seven buildings of the Fútila Industrial Hub in Angola’s Cabinda province, the Portuguese stock market regulator announced Monday in Lisbon.

The consortium made up of Sociedade de Construções Soares da Costa and Edifer Angola, both with a stake of 50 percent, will have 12 months to honour the contract that was signed and is worth US$68 million.

According to the statement issued by market regulator Comissão do Mercado de Valores Mobiliários (CMVM), the project includes building roads, electricity, water and sewage systems at the industrial park as well as seven administrative and support buildings.

The Fútila Industrial Hub, which was established in 1998, will cover a total of 2,345 hectares and is funded by the World Bank, Sociedade Nacional de Combustíveis de Angola (Sonangol), by the central government and the Cabinda provincial government, amongst other investors.

The Fútila Industrial Hub is located on the Malembo plains, some 30 kilometres north of the city of Cabinda. (macauhub)