Angola : Company invests US$ 20 Million in innovated construction method

Luanda - Angolan construction company "Angospencer" will implement, this year, an innovating method for the construction of 20 houses/daily, in an investment estimated at USD 20 million.

According to the firm's chairperson, Carlos Gomes, the project will be supported by an Italian high technology system, which is well known in the markets of the United States of America, England and Portugal.

He said that the houses, whose duration and resistance are unquestionable, are estimated at USD 50,000 and is meant to serve all sectors of the social sphere, since the project aims at reducing the country's housing shortages and meet the government's goal of building one million residences in four years.

The project will be implemented nationwide and generate 200 direct jobs.