Maputo, Mozambique, 28 Dec – The Mozambican government has signed a tourism contract worth an estimated US$1 billion with BW Mozambique, Lda., a company made up of the National Tourism Institute (INATUR) and the Spain-based British operator BW Group, Mozambican newspaper Notícias reported.
The Tourism Minister, Fernando Sumbana said that the funding would be used on Crusse and Jamal islands, located in Nampula province. Work is expected to begin in the first quarter of 2012.
This investment is part of a number of tourist resorts due to be set up in the provinces of Cabo Delgado, Niassa and Nampula, known as the Arco Norte Project.
Sumbana, who was speaking at a meeting of travel agents association AVITUM (Associação de Agentes de Viagens e Profissionais do Turismo de Moçambique), also said that by December 2010 over US$300 million had been invested in Mozambique’s tourism sector. (macauhub)