Real Estate Investor Magazine South Africa December / Jan 2016 | Page 59

the Portuguese construction company of Gabriel Couto, has been agreed upon for the rehabilitation of the city’s storm water drainage system. The Japanese International Co-operation Agency ( JICA) is also investing in sustainable development of the Nacala Corridor, passing through Nampula, for the rehabilitation of the Nampula to Cuamba road. These investments show great signs of revival for this strategically located city, with investments in the area not only limited to infrastructure and transport, but also agriculture. Nampula is rapidly becoming a hub of modern development and a major attraction for business opportunities, to keep up with the other major cities within the country. Nampula is set to play a central role as a railroad corridor for the distribution of goods throughout the www.reimag.co.za “Nampula is rapidly becoming a hub of modern development and a major attraction for business opportunities.” Northern regions of the country. The rehabilitation of the railway line between Tete and the port of Nacala will allow for the easy circulation of minerals and goods-in-transit. NAMPULA FACTS: Established: 1956 Population: About 550, 000 Resources: Precious stones Main Industry: Agriculture Infrastructure Upgrades: Roads and city drainage. RESOURCES Mozambique Real Estate Investort DEC/JAN 2016 SA Real Estate Investor 57