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Investment Type |
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Affordable Residential Housing |
Investment Location |
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6 Provinces, Angola |
Capital Commitment |
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$200 million |
Investment Launch |
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6 Cornerstone Ceremonies - February 9 – 11, 2011 |
Investment Support |
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Land Provided by Government |
Target IRR |
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20% |
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Kora's main concern is to create partnerships between private companies and Governments in real estate, and to develop a national infrastructure for the purpose of developing and building houses, and public parks.
Kora's management team works closely with the architect Jaime Lerner who believes that planning cities correctly is the first step in creating the fabric of a healthy society. Well built houses with courtyards, weaving of green parks and public services, within walking distance are part of the scheme to allow a new neighborhood to thrive.
Kora is concerned with improving quality of life in Angola through construction projects. The planning, construction and sale of 40,000 new houses and creating an infrastructure in six provinces, is proving to be a competent solution for a wide section of the population, providing respectable housing, improved health and education services, better employment opportunities, and many cultural events and activities.
Kora will initiate, encourage and contribute to an ethical approach of all activities, ensuring environmental and social responsibility. Kora hopes to provide the new generation with an infrastructure and a network that will enable a productive and sound future for any nation.
See also: www.kora.co.ao