World Bank provides 4.8 million euros to build bridges in Maxixe and Inhambane, Mozambique

30 March 2006

Maputo, Mozambique, 30 March – The World Bank is to provide a loan of 4.8 million euros for reconstruction of the bridges of Maxixe and Inhambane, in Inhambane province, expected to begin in the next few weeks, the governor of the province said.

At the presentation of the province to President Armando Guebuza, who began a visit to Inhambane Tuesday, Governor Lázaro Vicente said that building the bridges would provide “greater safety in operating river transports,” in Inhambane bay.

The first half of 2007 should also see the building of the Mapinhane-Pafúri road, a project which the provincial government is also expecting to boost the local economy.

In his presentation, quoted by Mozambican daily newspaper Notícias, Lázaro highlighted some economic growth indicators which, he said, had reduced the effects of last year’s drought.

Investments in tourism increased by 21 percent to US$3.2 million, with 29 tourist resorts starting their operations.

Local industry recorded turnover of US$3.11 million, producing 12,000 tons of soap, oil and brandy, the governor said. (macauhub)