Angloa will build a 26km ring road to connect the cities of Quilemba and Eywa in the southwestern province of Huila.
The 9m wide road will cost around US$43.24 million and be completed in 18 months, Angola’s national news agency ANGOP reported.
The governor of Huila, João Marcelino Tyipinge, announced the project in Lubango, capital city of the province.
Anglo recently announced that the final stretch of the road from the national capital Luanda on the southern coast to the strategic city of Soyo in the north is being financed by a guaranteed loan of nearly $222 million from the Italian Export Credit Agency and credit insurer SACE.
Soyo, formerly known as Santo António do Zaire, is at the mouth of the Congo River next to the country of Zaire. Soyo is the centre of Angola’s offshore extraction activity.). Italian civil engineering firm CMC Ravenna is constructing the highway worth almost $337 million total. BNP Paribas is acting as sole structuring bank and agent bank for the project.
3260 World Highways also reported, in Septermber last year, that a new bridge is spanning the Catumbela River. The $35 million cable-stayed bridge is between Benguela and Lobito, on the coast about halfway between Luanda and Soyo.
The 9m wide road will cost around US$43.24 million and be completed in 18 months, Angola’s national news agency ANGOP reported.
The governor of Huila, João Marcelino Tyipinge, announced the project in Lubango, capital city of the province.
Anglo recently announced that the final stretch of the road from the national capital Luanda on the southern coast to the strategic city of Soyo in the north is being financed by a guaranteed loan of nearly $222 million from the Italian Export Credit Agency and credit insurer SACE.
Soyo, formerly known as Santo António do Zaire, is at the mouth of the Congo River next to the country of Zaire. Soyo is the centre of Angola’s offshore extraction activity.). Italian civil engineering firm CMC Ravenna is constructing the highway worth almost $337 million total. BNP Paribas is acting as sole structuring bank and agent bank for the project.
