Angola’s President approves renegotiation of contracts for Corimba coastal road

20 May 2019

Construction work of the Corimba coastal road will be resumed, independently of the construction companies, Angolan state news agency Angop quoted Angolan President João Lourenço as saying on Saturday in Barra do Kwanza.

João Lourenço, speaking on the sidelines of a golf tournament, said that the tender for the construction of the Corimba coastal was cancelled for “significant reasons,” including over-billing.

The cancelled contract for dredging, land reclamation and protection of the coast was signed with the companies Urbinveste and Van Oord Dredging and Marine Contractors BV, for a total value in kwanzas equivalent to US$615.2 million.

Another contract, to design and build, execute and complete the infrastructures, according to the presidential dispatch, had been signed with Landscape – Promoções e Projectos Imobiliários and the China Road and Bridge Corporation (Angola), with a total value of US$690.1 million.

The President of the Republic authorises the Minister of Construction and Public Works to renegotiate and sign new contracts with Van Oord Dredging and Marine Contractors BV and the China Road and Bridge Corporation (Angola) in a diploma dated 15 May, “with a reduction of the limits of the values of the initial projects, through a simplified contracting procedure.” (Macauhub)

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