Wirtschafts-Initiative e.V.


China Railway 20 builds new Luanda coastal road

The China Railway 20 Bureau Group (CR20) has been contracted by the Angolan government to build the new south-western Luanda coastal road that will improve traffic flow between the city centre and the south of the province of Luanda, Angolan news agency Angop reported.

The new 8-kilometre coastal road costing US$142.3 million will be completed by early 2019.

The coastal road, known locally as the marginal road, will link the coastal area, Luanda’s southern area and Avenida Marginal 4 de Fevereiro.

The government awarded the work to the Chinese company after cancelling its existing contract with Brazil’s Odebrecht, which was previously involved in building the Luanda coastal road.

Construction will involve about 2,000 workers and, in addition to two lanes in each direction, the road will have an area for future creation of exclusive lanes for public transport.

Luanda, 20. Juli 2017


10.01.2018 Angola president sacks Dos Santos son as head of sovereign wealth fund

14.12.2017 Angolan citizens offered a grace period to repatriate capital

11.12.2017 Angola’s 2018 state budget includes economic growth projection of 4.9%

07.12.2017 State company announces plots of land for sale in Angola

05.12.2017 Danish group announces construction of fertiliser plant in Angola