Mozambique: Inhambane expects investment of US$150 million in tourism in 2008

20 June 2008

Maputo, Mozambique, 20 June – An estimated US$150 million are to be invested in Inhambane, a southern Mozambican province, the provincial tourism director told Macauhub.

Martinho Muatxiwa said that the projections for this year represented a rise of some 68 percent against 2007, a year in which US$89 million were invested in the province’s tourism sector.

Modernisation work is underway in Inhambane at Vilanculos airport carried out by Chinese company Anhui Foreign Economic Construction Corporation (AFECC), with the aim of giving it bigger passenger and cargo handling capacities.

When expansion work has been concluded, costing US$15 million, the airport’s capacity will increase from 65,000 to 200,000 passengers per year.

In the coastal waters of Inhambane there are many endangered marine species including sharks, whales and manta rays.

Because of the Soccer World Cup being held in South Africa in 2010, significant investments have been made in Inhambane province in the hope of attracting tourists to its beaches.

Tourism minister, Fernando Sumbana has said he believes that 1,000 of soccer fans will visit Mozambique’s beaches.

Inhambane’s tourism sector plan for the next five years includes attracting 10 “high quality tourism projects for high income people,” with overall investment of just over US$1 billion.

In the last few years, the tourism sector has accounted for around 2.5 percent of Mozambique’s gross domestic product (GDP). (macauhub)