Luanda – At least Usd 600 million have been invested by Angolan Government in the construction of three roads in Luanda, under the Programme of Rehabilitation of Structuring Roads in the capital, Angop learned Thursday here.
The information was released by the minister of Urbanisation and Construction, Fernando Fonseca.
The minister was speaking to journalists after the inauguration of the Gamek/Antigo Controle road, Viana/Cabolombo and Viana/Cacuaco motorways.
According to the official, the investments were made with funds from the Public Investment Programme (PIP), including a component in external funds.
He said the Government had to resort to external funds as this was a too huge effort for the Executive alone.
The minister said the roads are Government’s strategic economic investments and are intended to ensure the connection of the industrial growth points around Luanda and the new urban areas of the capital.
He said the roads will also facilitate the mobility of people and goods and improve the incomes for the country’s business fabric.
Fernando Fonseca stated as well that the interconnection of the road, railway and maritime networks will create new growth points and boost development.