30 Mar '15, 3am
Nova Cidade de Kilamba is a Huge Candy-Colored Chinese-Built Ghost City in Angola
Nova Cidade de Kilamba, Angola’s newly-completed massive ghost town, is the odd mixture of oil speculation, cheap money, and a seriously missed target for housing needs. The state-owned China International Trust and Investment Corporation (CITIC) sank $3.5 billion dollars into a candy-colored city of identical midrise apartments with enough housing units for 500,000 inhabitants. The problem is, few locals can afford one, and the monolithic development feels more like a prison camp than community.