The construction of Kero shopping mall in Angola is almost complete; this is according to the Assistant Director of the works, Mr. Francisco Fernandes.
The mega mall whose location is in the outskirts Huambo city is in its final stages of construction as brick-works and technical networks are being installed. This is good progress since the developer commenced building the mall in March this year.
The shopping mall is being built in area of 11.000 square metres and will comprise of among other things, three cinema rooms, restaurants and a supporting office. Kero shopping is a departmental store and miscellaneous shop which also sells arts and crafts.
With entrance in operation of the center, the region foresees a growth in the commercial network. Additionally, creation of jobs for local inhabitants will materialize through the initiative.
Construction of Shopping Malls in Angola
Construction of shopping malls in Angola is a sign of the rising middle class. The southwest African nation’s economy has grown rapidly in the last decade thanks to its large oil resources. Retailer Kero has jumped on the burgeoning prosperity, opening a dozen branches in the past four years with two more set to open soon, bolstering a local workforce of 5,000.
Domestic products make up 30 percent of total sales, creating more local jobs; this is according to a recent study by consultancy firm Deloitte.
Angola is experiencing a growth in modern shopping malls which make the city more attractive and booming. In these shopping malls, one is able to find the best quality products that suite your choice. Some of the recent ones include; Belas shopping mall, Ginga Shopping mall, Interpark Shopping mall, Jumbo and Maxi Supermercado Morro Bento.