Ver Angola

Energy

Chinese guarantee completion of works on Angola's largest dam by 2026

The deadline established by the Executive for the completion of the Caculo Cabaça Hydroelectric Development, in the province of Cuanza Norte, will be met. The guarantee was given by the president of the construction company, Tan Huan, to the President of the Republic, during a meeting at the Presidential Palace.

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Received at a hearing this Friday, Tan Huan told the press that the work carried out was within the contractual deadlines.

It should be remembered that the Caculo-Cabaça hydroelectric plant was designed to produce, on average, 8566 gigawatts of energy per year, with completion scheduled for October 2026. This investment by the Executive will result in the largest hydroelectric dam in Angola and the third largest on the African continent, after Aswan, in Egypt, and Cahora Bassa, in Mozambique.

It is known that financing is confirmed from the Industrial and Commercial Bank of China, for the construction part, and from a German bank, which will bear the cost of the five turbines to be installed.

In addition to the Caculo Cabaça project, the company China Gezhouba Group Company Limited wants to carry out other projects in Angola, as it sees the national market as having great potential for investment.

"We are available to actively participate in the construction of clean energy infrastructures, to contribute to the economic and social development of Angola", he stated.

Also this Friday morning, the President of the Republic granted an audience to the ambassador of the United States of America in Angola, Tulinabo Salama Mushingi. The state of bilateral relations, in the most varied areas, dominated the meeting.

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