Central Bank cuts benchmark interest rate
Building quality roads and bridges is paramount to improving Mozambique’s economy performance, since they bring the production centres closer to the markets, stimulate agro-business and reduce freight costs.
So said President Nyusi as he inaugurated thirteen bridges on the Ile-Guruè-Cuamba road, in the Zambézia-Niassa corridor yesterday, arguing that good road infrastructure also contributed to food security, generated and diversified producers’ income, improving their competitiveness in the agricultural production chain.
The thirteen bridges were built with funding amounting to 1.7 billion meticais from the Japanese government.
Speaking at the occasion, Filipe Nyusi explained that the bridges were an achievement for Mozambicans, whose government has actively engaged in mobilising resources to improve its population’s living standards.
The president related that, at the launch of the agricultural campaign in Niassa, three key pillars of action were selected, namely the elimination of hunger, rising incomes and increase exports. Road infrastructure was identified as a determining factor in attaining these goals.
According to President Nyusi, a fully functioning Zambézia-Niassa corridor will contribute to economic growth and favour the subregion’s competitiveness and economic integration within the Southern African Development Community (SADC).
“The inauguration of these bridges betokens the determination, sacrifice and hard work done to achieve this project. So we put an end to the difficulties and the suffering that the people suffered, particularly during rainy season,” the head of state said.
The inauguration ceremony took place on the bridge over the Lúrio River, which borders the provinces of Zambézia and Niassa. Of the thirteen bridges, 11 are in Zambezia and two in Niassa.
Built by Japanese firm Khonike, the bridges constitute a major technological innovation, given that the height of the pillars may to be raised in the event of flooding. This operation is conducted after removing the bridge’s board, which is adapted for such operations.
Meanwhile, the governors of Zambézia and Niassa, respectively, Abdul Razak and Arlindo Chilundo, committed themselves to working to create favourable conditions for the exploitation of agro-ecological potential.
Yassumir Nsury, the Chargé d’Affaires at the Japanese Embassy in Mozambique, asked the population of both districts to look after the infrastructure, so as to facilitate trade and the development of tourism.