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Guangjin is a large-scale comprehensive modern construction industry and international trade group that is based on construction and integrates international trade, investment, development and operation into a cross-regional and cross-border development.

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Guangjin Construction (Angola) Co., Ltd. signed a power engineering contract with China Power Construction

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On December 25, 2016, Guangjin Construction Angola Branch successfully signed a power project contract with China Water Resources and Hydropower Construction Corporation to contract part of the project of electrification and household connection project of China Power Construction Angola Luanda Province.

The Luanda Province Electrification and Household Connection Project is located in Luanda, the capital of Angola, and is an EPC general contract for the construction of China Power Construction and the National Power Distribution Company of the Ministry of Energy and Water Resources of Angola, including design, construction, supply, installation and commissioning.The main work includes 60KV substation, 60KV transmission line, urban low-voltage distribution network and power household connection, pre-paid meter installation, etc. The total amount of the project is 675 million US dollars.After the project is completed, it can meet the electricity demand of 20% of the population of Angola, greatly improve the current situation of the shortage of distribution network in Luanda, improve the quality of life of the people, and further promote the social and economic development of Angola.The installation of prepaid meters will enable the national distribution company to have a stable income, which will drive the rapid development of Luanda's urban power grid and benefit more Luanda people.

The projects undertaken by our company are mainly high-voltage and medium-low voltage power transmission and transformation projects, including some high and low voltage overhead transmission lines, electricity meter households, transformer construction, etc. The project construction period is 2 years.After the contract was signed, the Group's Angola branch was actively deployed to concentrate on ensuring that the current construction work was completed quickly and easily.

At 9:00 on December 30, 2016 local time, witnessed by members of the Angolan government, media and project staff, Guangjin International Group Angola Construction Company held a groundbreaking ceremony at the construction site and set up the first wire on the same day. The pole indicates that the general project of the electrification and household connection project in Luanda has officially entered the substantive construction stage.

Project start ceremony

 

Erect the first pole

Chairman of the Group, Chen Jiazhong, and the head of Cacuaco, Luanda Province

Group Chairman Chen Jiazhong took photos with the on-site personnel

In the process of cooperation with the project department of China Power Construction Luanda Province, the partners expressed their recognition of the construction quality and work efficiency of our company, demonstrated the company's technically capable engineering construction capability, and established an excellent industry reputation.At the same time, we will fight for other projects that will continue to undertake the project in the next step. The successful cooperation has shifted the focus of the Group's work in Angola from urban construction projects to urban construction projects and power engineering projects. It has largely avoided the risk of exchange rate fluctuations in financial aspects and is an important step in achieving the 2017 corporate strategy.