A Chinese-built commercial complex opened to the public in Angola’s capital Luanda marking a new addition to the city’s retail and service infrastructure and highlighting growing China–Angola economic cooperation.
The Luanda Outlets Commercial City, built by China Railway 20 Bureau Group, was inaugurated at a ceremony attended by senior Angolan officials, including Milton Reis, an economic adviser to President João Lourenço, and Jorge Miguens Augusto, Luanda province’s vice governor for economic affairs.
Chinese Ambassador to Angola Zhang Bin said the opening reflected deepening economic and trade ties between the two countries and stood as a “concrete example” of China–Africa cooperation in advancing modernization.
“The completion of this project demonstrates the confidence of Chinese enterprises in Angola’s long-term development prospects,” Zhang said, adding that it underscored the role of Chinese investment in supporting local economic growth.
Speaking on behalf of the provincial governor, Augusto said the new commercial complex represented a significant milestone in Luanda’s economic and social development. He said the project signalled investor confidence in Angola’s economy and was expected to create thousands of jobs, including nearly 3,000 direct positions.
According to project details, the complex represents an investment of more than US$60 million and covers a built-up area of over 70,000 square metres, with more than 200 retail outlets planned. The facility combines commercial, cultural and leisure spaces aimed at serving local residents and boosting business activity in the capital.
China has been one of Angola’s largest economic partners since the end of the country’s civil war in 2002, financing and constructing major infrastructure projects ranging from roads and housing to ports and energy facilities. Angola, Africa’s second-largest oil producer, is also a key crude supplier to China.
The opening comes as Angola seeks to diversify its economy away from oil dependence, promote private-sector investment and expand employment opportunities, particularly in urban centres such as Luanda.
Officials said the new commercial city is expected to support these efforts by strengthening the retail sector, attracting local and foreign businesses, and providing new services to the city’s growing population.
