Minister of Tourism Fernando Sumbana of Mozambique
Sumbana said the money would be used on building hotels, casinos and other leisure facilities as part of an effort to capitalize on the tourism boom expected during the one-month World Cup, which begins on June 11, 2010.
Fernando Sumbana has no easel or palate.
Since the April, 1974 coup in Lisbon that eventually led to an agreement for independence in Mozambique, Sumbana has become more outspoken in his subject matter.
Mozambique reaped 160 million dollars from tourism in 2007 surpassing 157 million dollars in 2006, tourism minister Fernando Sumbana said here on Sunday.
macauhub)Investment in infrastructure behind the current tourism boomTourism Minister Fernando Sumbana says the massive investment made by the government in infrastructure, notably roads, is behind the current boom of tourism in Mozambique.
Speaking of the different models of funding, Sumbana said that one of them is the sale of 'Carbon Credits.
Tourism Minister Fernando Sumbana says the massive investment made by the government in infrastructure, notably roads, is behind the current boom of tourism in Mozambique.
Sumbana says that in 2006 alone, the government invested some 80 million dollars on infrastructures.
1 billion worth of investments in tourism projects, Tourism Minister Fernando Sumbana said on Thursday.
Sumbana said the IFC would finance procurement and feasibility studies, and help interested private investors source the expected $3.
Sumbana has told parliament that these projects, mainly to be implemented in Niassa, Cabo Delgado and Nampula provinces, include tourist resorts, hotels and wildlife conservation areas.