China International Trust and Investment Corporation
Area
• Total
30.5 km2 (11.8 sq mi)
Time zone
UTC+1:00 (WAT)
Quilamba (or Kilamba) is an Angolan neighborhood that serves as the administrative center of Belas Municipality and a large housing development site 30 km (18 miles) from Luanda, the capital city of Angola. It is being built by the China International Trust and Investment Corporation.
Quilamba covers an area of 30.5 square kilometers and will eventually offer homes for more than 200,000 inhabitants. It comprises about 750 apartment blocks ranging from 5 to 13 floors, over 100 commercial premises, 17 schools and 24 daycare centers to provide care and education for children, as well as over 240 stores to drive the local economy. The cost is reported at US$3.5 billion, financed by a Chinese credit line and repaid by the Angolan government with oil.
The government planned to use some of the residential blocks as social housing. As of July 2012[update], the buildings were largely complete but still unoccupied.[1] Only 220 apartments had been sold out of the first release of 2,800. Sales were slow due to affordability and difficulty in obtaining mortgage loans. Despite the slow start, new legislation signed into law by dos Santos resulted in a massive boom in demand.[2][3]
Prices of the smallest units were reduced from US $125,000 to $70,000.
The population increased to 40,000 residents in September 2013,[4]
to 80,000 in July 2015.[5] In 2019, the estimated population was 129,000 inhabitants.[6]
Quilamba contributed to meeting the election pledge made by President Jose Eduardo dos Santos in 2008 to build a million new homes in four years.
^Louise Redvers (2 July 2012). "Footage shows African 'ghost town'". BBC News. Retrieved 4 July 2012.
^Sandle, Adam. "Kilamba: New Initiatives Create Massive Demand". CNN iReport. Retrieved 12 April 2013.
^Hammer, Derek. "Kilamba, from 0 to 200,000 inhabitants in 3 years". Merinews. Archived from the original on 1 July 2012. Retrieved 12 April 2013.
^"Kilamba City Flats Sold Out". ANGOP (Angencia Angola Press). 4 September 2013.
^Buire, Chloé (2 September 2015). "Views of suburban Luanda: banishing the ghosts from Kilamba". Africa Research Institute. Retrieved 26 November 2015.
^Buire, Chloé (21 September 2021). "Kilamba tem 10 mil devedores". embaixada de Angola. Retrieved 22 September 2021.
Quilamba (or Kilamba) is an Angolan neighborhood that serves as the administrative center of Belas Municipality and a large housing development site 30 km...
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their respective municipalities: Belas Municipality: – Barra do Cuanza, Quilamba (Kilamba); Benfica e Mussulo, Ramiros Cacuaco Municipality: – Cacuaco,...
559 comunas (communes). The two most recently created municipalities are Quilamba Quiaxi and Talatona in 2016. Provinces of Angola "Resultados Resultados...
ISCTE-IUL/CEA/ESECS-IPL, 2012. Instituto Superior de Artes anuncia primeiros finalistas. Quilamba News. 17 May 2019. Decreto presidencial nº 285, de 29 de outubro de 2020...
and Rangel, to the south by Samba and to the east by the municipality of Quilamba Quiaxi. It is one of the six urban districts of the City of Luanda. As...
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