Ver Angola

Tourism

Sonangol cedes exploration of HCTA instead of going ahead with sale

Sonangol abandoned for now the intention to sell the HCTA hotel, opting for the cession of exploration, according to a representative of IGAPE, revealing also that the Infotur hotel units, in privatization phase, received 12 proposals.

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The information was provided by the administrator of the Institute for Asset Management and State Holdings (IGAPE), Augusto Kalikemala, during a webinar on privatisation.

According to him, the Infotur hotels, located in the provinces of Benguela, Huíla and Namibe, attracted the interest of 12 investors and the winners will be announced "soon".

The hotel network of the Tourism Development Institute (Infotur) is a public project budgeted at 100 million dollars and was designed to host the African Football Championship (CAN 2010), but the first unit was only inaugurated three years later.

As for the decision regarding the HCTA, Augusto Kalikemala, considered that it was not a retreat, but rather "a strategic repositioning" in relation to the initial intention of alienation.

"After a deeper evaluation, it was decided, in view of the current pandemic context, and taking into account that these are hotel assets (...) the ideal would be to make the management concession. Instead of selling the real estate, Sonangol will cede management and operation, which is more common in the hotel market," he said.

The five star hotel, located in Talatona (outskirts of Luanda) was put up for sale in August last year.

The HCTA, a 200 million dollars investment, was inaugurated in December 2009, being the first five star hotel unit in the country.

With 201 rooms, the development is integrated in a complex that incorporates the Talatona Convention Center (CCTA) and 20 villas.

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