Mozamreal: Setting the opportunity for investors and developers in Mozambique
The construction of Phase One of a 5.000 houses project in Zimpeto, KaTembe and Polana-Caniço in the city of Maputo kicks off within days. The residential complex is being built by Turkey’s Akay Construction in the framework of cooperation between the municipalities of the country’s capital and Ankara.
The municipality of Maputo has officially delivered the land for the 2,480 upper middle class apartments yesterday. The start of works was held up pending the delivery of space for accommodation for employees, and is expected to deliver the first apartments by the end of next year.
The launch ceremony was led by Maputo mayor David Simango in the framework of the festivities of Maputo’s 130 years of elevation to city category and attended by Turkey’s ambassador to Mozambique, Zeynep Kiziltan, and partners of the enterprise.
Speaking at the occasion, Simango said that the project would bring added value to the municipality’s plans to reduce the housing deficit with which Maputo had been battling recently.
“We are aware that this initiative will not solve all the housing problems in our city, but we believe that it will contribute to reducing the housing deficit and attracting other projects,” he said.
Ambassador Kiziltan noted that the project, when completed, would be the largest Turkish investment in the country.
Just yesterday, the mayor of Maputo opened the Polana-Caniço market, popularly known as “KaMucoreano”, which had been rehabilitated and expanded in recent months to better suit it to commercial activity.
The new building aims to create better conditions for business, accommodating vendors who currently prefer to ply their trade next to Julius Nyerere Avenue and on the sidewalks of the Praça dos Combatentes, commonly known as ‘Xiquelene’.
Maputo municipality has been trying to move street vendors to markets since April. Municipal structures ensure the provision of market places, and, even if they cannot be accommodated in the stands, vendors can occupy outdoor areas considered suitable for the purpose.Source: Notícias