Van Oord Secures Land Reclamation Contract in Angola

Marginal da Corimba project (Photo-Van Oord)

The consortium consisting of Van Oord and Urbinveste – Promoção e Projectos Imobiliários, S.A. – has been awarded the contract for the design and construction of the Marginal da Corimba project in Luanda, Angola.

The contract has been signed with the Angolan government and contains a financing agreement arranged by ING Bank NV and a credit insurance provided by Atradius Dutch State Business NV (the Export Credit Agency of the Netherlands) for Van Oord’s share in the project of approximately $400 million.

Under the deal, Van Oord will reclaim an area of 400 hectares along the coast of Luanda. The reclaimed area will be protected by various rock revetments and breakwaters.

The new land will serve the purpose for the construction of the Marginal da Corimba highway, future fishery port, marina and real estate development.

The rock required for the project will be procured from local quarries. Van Oord will deploy various dredging equipment on this project which is expected to be completed mid-2019.

The Marginal da Corimba project aims to revitalize the area of Samba, Corimba and Futungo de Belas, with the purpose of improving the quality of life of the population. It will contribute to an improved accessibility of the city of Luanda as well as to help solving the capital city’s urbanization challenges in a sustainable manner.

 

Share this article

Follow Dredging Today

Events>

<< May 2017 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31 1 2 3 4

2nd International Conference on Coastal Zones

Coastal Zones 2017 is a global platform to discuss and learn about Coastal, Marine and Maritime Engineering, Coastal Zone Management,…

read more >

COASTAL DYNAMICS 2017

The conference documents research and applications treating these coastal dynamics at the short, medium, and large/long spatial…

read more >

Seawork International 2017

Seawork is regarded as the industry’s one-stop-shop, providing buyers, legislators and influencers with direct access to the commercial…

read more >

Coasts & Ports 2017

Coasts & Ports 2017 will bring together engineers, planners, scientists and researchers to Cairns, to focus on the technological, scientific…

read more >

Jobs>

Dredge Masters, Engineers and Superintendent\'s Urgently Required!

Flagship Management is working with a number of leading international marine and dredging organizations and require the following candidates for a range of global projects...

apply

Dredging Consultant

Anthony D Bates Partnership LLP, a leading international dredging consultancy, is looking for a well-educated, professional and confident person to fill an immediate position...

apply

Network Support Engineer

As Network Support Engineer you will be responsible for the installation / configuration, operation and maintenance of the infrastructural....

apply