Angola

Angola: USD 300 million needed for roads, bridges rehabilitation

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Luanda, 01/30 - At least USD 300 million are needed for the rehabilitation of roads and bridges in the country, Angolan Public Works minister, Higino Carneiro, said Wednesday in Luanda.
According to the minister, the Government has to resort to external funding to attain the construction of fresh communication infrastructures and reconstruction of degraded ones.

Under the program set to start this year, the source said, there are projects for which no funding has been put aside as the budget allotted to his ministry can only meet 50 percent of the needs.

He also stated that the Ministry of Public Works is seeking to obtain funding to secure the completion of more than 50 percent of the projects for 2003.

Local and foreign companies will work together and on equal terms in the rehabilitation of infrastructures under the National Reconstruction Program, Minister Carneiro said, adding however that national firms will be given priority. (Source: ANGOP)