Forum in Inhambane, Mozambique, ends with several investment projects

19 June 2017

The forum to attract investors to various infrastructure projects in the capital of Inhambane province, southern Mozambique, has resulted in the establishment of partnerships for investments estimated at US$1.5 billion, said the provincial governor.

Governor Daniel Chapo said at the end of the event held on Thursday and Friday under the motto “Together for a Prosperous Inhambane,” that the figure includes projects related to the production and processing of cashew, prospecting and research of heavy sands in the districts of Jangamo and Inharrime and construction and a clinic in the city of Maxixe.

It also includes projects for development of agrobusiness in the district of Panda, production and processing of rice and boer beans, and repair and expansion of the Lindela-Inhambane, Inhambane-Tofo and Barra roads.

Tourism has been affected by a drop in the number of people visiting Inhambane, a province considered to be the largest tourist destination in Mozambique. (macauhub)