29 March 2010

Angola: Consortium Releases USD 200 Million for Construction of Houses

Benguela — The CEO of Comandante Loy Consortium, Domingos Barros, announced this week in the central Benguela Province an investment estimated at USD 200 million in the construction of 7.452 houses.

The project includes social houses of low, medium and high income aimed for former combatants, homeland veterans, war widows and the communities in Benguela District.

Domingos Barros said so to the press in the ambit of the launching of the referred project in Benguela Province, dubbed "Kussanguluka".

During the launching ceremony, the CEO said that 3.800 social houses will be built in the first phase.

On the other hand, the CEO assured that everything is ready to start with the construction of residences.

The launching ceremony of the project, which happened in one of the hotels in Benguela Province, was attended by the deputy governor of Benguela Province for organisation and technical services, Eliseu Domingos Epalanga, directors of local public and private companies, as well as former combatants.

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