Construction of World Trade Centre in Cabo Verde scheduled for 2016

25 November 2015

The construction of the World Trade Centre in the city of Praia, Cabo Verde (Cape Verde) is due to begin in 2016 and will be completed three years later, announced Tuesday in the capital of Cape Verde the architect of the project, cited by Cape Verdean news agency Inforpress.

Ana Malta Clemente speaking on the sidelines of the public presentation of the proposed detailed plan of the Palha Sé business park in Achada Grande, called “World Trade Centre da Praia (WTCP)”.

The project, which covers an area of ​​50 hectares has funding from an Angolan company, from the Praia City Council and some private Cape Verdean partners in the amount of 300 million euros.

The architect said the park included installation of companies, a free zone for trade, logistics area and an international conventions and congress centre as well as housing, hotels and public facilities.

“The start of construction will depend on the legal process that the land needs to go through, the detailed plan is in public consultation and only when it is approved by the City Council and ratified by the government can construction begin,” Clemente said.

This project was announced at a meeting that its promoters held in Luanda with the Prime Minister of Cabo Verde, José Maria Neves, who was on an official visit to Angola at the time. (macauhub/AO/CV)