Mozambique: Tourism revenues hit US$ 160 million in 2007

2 January 2008

Maputo, Mozambique, 2 Jan – Mozambique’s revenues from tourism during 2007 totaled US$ 160 million, an increase of US$ 3 million from the previous year, Tourism Minister Fernando Sumbana said Tuesday.

The minister explained that these revenues were only the amounts spent by overseas tourists last year, some 1.1 million of whom came to Mozambique in 2007, a significant increase compared to the average of 650,000 visitors recorded in pervious years.

“Besides tourists from South Africa, Zimbabwe and other countries in the region, we also received visitors from Europe and America, particularly the United States,” the AIM news agency cited Sumbana as saying.

The increase in foreign tourism to Mozambique is fundamentally due to improvements made to resorts and rehabilitation of roads giving better access to holiday complexes spread nationwide.

Mozambique’s tourism minister said that the rising receipts from the sector pushed its contribution to GDP from 2.5 percent in 2006 to 5 percent last year.

Mozambique’s tourism industry expanded by 16 percent in 2007, a significant growth in comparison to the previous year and it is hoped this trend will continue.

Investment in Mozambique’s tourism sector has risen from US$ 83 million in 2005 to over US$ 604 million in 2007, a major proportion of this amount coming from foreign direct investment. (macauhub)