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Aggregates project, Angola

31st October 2008

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Aggregates project, Bengo province, Angola.

Project Description
Lonrho has signed an agreement to develop a 75-ha aggregates project in the area of Quinzenze/Mussenga, in the municipality of Dande.

Value
The project will cost a forecast $5-million, with 65% being funded by local banks.

Duration
Not stated.

Client
Lonrho Aggregates Angola, which comprises Lonrho (51%), Project Net Lda (14%) and Golden Market SA (35%).

Key Contracts and Suppliers
None stated.

Latest Developments
A detailed resource and implementation plan for the project is being developed.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Lonrho, tel +44 20 7016 5105.
 

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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