Baía De Luanda

the luanda waterfront development project is a public-private partnership between the government of angola and sociedade baia de luanda. sonangol, bank atlantico, bank milllenium angola and finicapital are the main shareholders of sociedade baia de luanda, a group of corporate companies with know how, capacity and proved experience in the development and reconstruction of the country. the requalification project of the baia de luanda involves the redevelopment of the entire waterfront of the bay, with a total investment to date of 400 million usd. the project intervention area totals 77 hectares, of which 39 correspond to new development areas on the seafront partially reclaimed from the sea. the remaining 38 hectares represent land reclaimed from the sea, either in the baia or the ilha do cabo, for private real estate development.