Maputo, Mozambique, 8 Sept – Construction of the new Maputo International Fair (FACIM), which will be located in Marracuene on the outskirts of Maputo, is due to begin in the first few months of next year, said the chairman of the Institute for Mozambican Exports (Ipex), José Macaringue, Monday.
Mozambican newspaper Notícias reported that Macaringue had announced there were six companies interested in building the project, which will be located in an area of 20 hectares.
The Marracuene project will be implemented in phases, and the first, expected to cost around US$16 million, includes a multipurpose pavilion, which will also be used for the 2011 Roller Hockey World Championship and a car park with capacity for up to 2,000 vehicles.
Execution of the first phase of the project will be funded by the Government, and the second, which includes complementary facilities, namely hotels, business centres, banks and others, is expected to be funded by the private sector.
“By the end of November that process will have ended and, probably at the beginning of next year, we will begin with construction of the new FACIM venue,” he said.
Nineteen companies competed to build the new venue, including Mozambican and foreign companies, and six were chosen that are currently preparing a proposal for the government’s evaluation. (macauhub)