Luanda, Angola...How expensive?
Posted 09-25-2021 at 11:21 PM by Cadsuper55
Quote:
Originally Posted by Neuling
I was just watching a little documentary on the new Luanda World Trade Center, a huge project that will cost several billion dollars. The problem is that in my view the city goes in the wrong direction, with all that fancy new infrastructure prices will continue to rise, while most people have to live in slums around the city.
Since Angolans are not overly qualified, basically they have to hire foreigners for any more sophisticated jobs. There are already 300k Portuguese living in that city of about 7m, but also lots of other foreigners.
They should invest in education, housing and basic infrastructure (water, electricity, sanitation, Internet) for everyone instead so that a solid middle class can develop within in one generation. Progress would be slower, but more thorough and long-lasting.
Since Angolans are not overly qualified, basically they have to hire foreigners for any more sophisticated jobs. There are already 300k Portuguese living in that city of about 7m, but also lots of other foreigners.
They should invest in education, housing and basic infrastructure (water, electricity, sanitation, Internet) for everyone instead so that a solid middle class can develop within in one generation. Progress would be slower, but more thorough and long-lasting.
Total Comments 1
Comments
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If you think Hawaii is expensive, think again. Luanda is double/triple the cost to live there. I spent two years in Luanda courtesy of the US Govt, but had to shop on economy. Once I paid $14.00 for a single bell pepper since I hadn't seen one in a couple weeks, very fertile country, but grows almost nothing. Taiwanese have a huge farm outside the city, but prices are not changed from European prices. Rents for a western style home can be $5-7,000 a month..........why?? The oil companies run up the prices. Angolan govt does not, not share it's profits with the locals..........Local beer (Cuca) is cheaper than water. There is something morally wrong with a country that the largest bldg in towen in nthe National bank. Buyer beware.Posted 09-29-2021 at 12:57 AM by Viettim
