Mozambique: Foreign tourist revenue expected to hit $391.9 million by 2029
Over 1.6 million tourists visit Mozambique in 2015
4:29 CAT | 22 May 2016
In File Cub of Mozambique
In 2015 Mozambique received over 1.6 million tourists who spent an estimated US$193 million in the country, President Filipe Nyusi said Thursday in Beijing.
The President, who was speaking at the International Conference on the Development of Tourism, an event currently underway in the Chinese capital, said that in the same year tourism investment projects reached US$139 million, employing over 50,000 people either directly or indirectly.
“These indicators, while representing a significant increase compared to previous years, fall far short of the potential that Mozambique offers,” he said, according to Mozambican news agency AIM.
Saying the government is creating a more favourable climate for investment in tourism, Nyusi cited as examples “the simplification of procedures for licensing of economic activities and the allocation of more incentives for investors and users of existing facilities in Mozambique.”
“In a period of economic recession characterised by a fall in export prices of raw materials, combined with a slowdown of investment in minerals, tourism can serve as a valuable alternative,” said the President of Mozambique.
Source: Macauhub
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