Africa's Ecobank targets strong customer growth from mobile banking
Odebrecht (File photo) / Nacala airport
The government of Mozambique approved the Economic Development Strategy of Nacala (Pedec) establishing the principles that should guide the development process of that northern region of the country, announced Ana Comoana, spokeswoman for the Cabinet meeting held on Tuesday.
The spokesman said that the approved strategy aims to promote integrated development and stimulate investment in the Nacala Corridor, which covers five provinces, namely Nampula, Cabo Delgado, Niassa, Tete and nine districts of Zambezia, the latter two provinces located in the centre of the country.
“The idea is to have an integrated regional development strategy to guide, as appropriate, development and investment in the Nacala Corridor region, and is expected that this development will expand to neighbouring areas,” added Comoana.
The spokeswoman added there are 232 projects planned for the area in the different economic sectors, including public and private infrastructure and also said the government’ wants to build a database of these projects through a geographic information system.Source: Macauhub