ANGOP - Angola Press News AgencyANGOP - Angola Press News Agency

Go to homepage
Luanda

Max:

Min:

Home » News » Economy

Sun, 19 May 2019 11:50 - Updated Sun, 19 May 2019 11:50

President announces plan to resume Corimba Marginal works

Luanda - Angolan head of State João Lourenço announced this Saturday in Barra do Cuanza that the works of Corimba Marginal will be resumed, regardless of the builders.

Send by email

To share this news by email, fill out the information below and click Send

Correct

To report errors in the texts of articles published, fill out the information below and click Send

President opens the "Presidential Golf Day" tournament.

Photo: NELSON MALAMBA

João Lourenço was speaking to the press, on the fringes of the opening ceremony to launch the "Presidential Golf Day" tournament.

The statesman  said that the tender for the construction of Corimba's Marginal was canceled for compelling reasons.

The annulment of the tender is contained in Presidential Order No. 72/19 of May 15, which alleges "over-charging in the amounts of these contracts with services costly to the State".

"The contracts related to the implementation of the Corimba Marginal Project, approved by Presidential Order No. 9/16, of January 25," are canceled and resolved, "says João Lourenço.
 

The cancellation of Contract for Dredging, Land Reclamation and Coast Protection was signed with Urbinveste and Van Oord Dredging and Marine Contractors BV, both in an external consortium, with an amount standing at USD 615.2 million.

Another Contract for the Design, Project and Construction, Execution and Completion of Infrastructure, according to the Presidential Order, had been signed with the LANDSCAPE companies and branch in Angola of China Road and Bridge Corporation, both also in external consortium.

The latter foresees a global value in kwanzas, equivalent to USD 690.1 million.

Meanwhile, the Presidential Order authorises the Minister of Construction and Public Works to renegotiate and sign new contracts with the two companies holding the external financing, "with reduction to the limits of the values ??of the initial projects.

 

Read also
  • 16/10/2018 11:10:04

    Angola: Energy power reaches 4.409 MW

    Luanda - Angola’s energy sector is since 2017 saving an overall 669,000 liters diesel/day with entrance into operation of new power plant, which enabled the country to have currently an installed 4,409 megawatts.

  • 15/10/2018 19:12:54

    President predicts 1 percent fiscal deficit by 2019

    Luanda - Angolan head of State João Lourenço Monday in Luanda predicted a fiscal deficit in the country equal to or less than one percent of GDP by 2019 and an increase in fiscal revenue of 9.8 percent.

  • 03/06/2018 14:24:52

    Agriculture creates a lot of jobs- Angolan president

    Luanda - Agriculture is the economy sector that creates a lot of jobs and Africa has good conditions to develop it, said the Angolan president, João Lourenço.