Portuguese/Cape Verdean consortium to implement planning for drainage basins in Cape Verde

3 May 2013

A consortium comprising three Portuguese companies and one Cape Verdean company has been awarded three projects in Cape Verde, formalised by publication of the respective contracts in the official gazette, reports the island country’s press.

The Portuguese companies Mota Engil, Tecnovia and Luís Frazão, in consortium with the Cape Verdean CVC, won the tender to carry out planning projects for the drainage basins of Ribeira da Torre and Alto Mira (Santo Antão) and Ribeira Prata (São Nicolau).

The three projects budgeted at 874 million escudos (7.92 million euros) are financed by the Arab Bank for Economic Development in Africa (BADEA) and have a 15-month completion deadline.

Besides the BADEA financing, Portugal has opened a 100 million euro credit line to build 15 more dams on the islands. When finished, they should prevent the annual loss of more than 800 million cubic metres of rainwater. (macauhub)