China Road and Bridge Corp. Angola (CRBC Angola) will be in charge of building the roads associated with the Marginal da Corimba waterfront, which will stretch southward from the Angolan capital Luanda, O País reports.
The Angolan newspaper says CRBC Angola will be paid US$690.1 million to do the work.
The report says the Marginal da Corimba project will cost over US$1 billion altogether.
Royal HaskoningDHV of the Netherlands will begin the project this year by starting work on reclaiming 400 hectares of land from the sea.
Once the land is reclaimed, in the middle of next year, a highway and facilities for marinas and a fishing port will be built on it, O País says.