Maputo, Mozambique, November 7, 2008—Mozambique
is seeking investors for the IFC-supported Maputo Elephant Reserve, a potential
tourism site that could create jobs and opportunities for the local community,
while supporting environmental conservation.
The government today called for expressions
of interest on three new investment opportunities within the Maputo Elephant
Reserve. Starting December 8, potential investors can submit proposals
to develop and operate tourist infrastructure that will promote community
development on the reserve. All bids will be subjected to an environmental
The Maputo Elephant Reserve is a protected
coastal area featuring grassland, freshwater lakes, and more than 300 elephants.
The development of ecotourism facilities within the reserve will generate
investment, create jobs, spur growth in tourism, develop supply chains,
promote entrepreneurship, and create opportunities for the local community.
Fernando Sumbana Jr., Mozambique’s
Tourism Minister, said, “Three exclusive investment opportunities within
one of Mozambique’s most attractive and accessible protected areas are
now on the market. I invite interested investors to register with the Ministry
This project is part of the Mozambique
Tourism Anchor Investment Program, a joint initiative of IFC, the World
Bank Group’s Investment Climate Advisory Service, and Mozambique’s Ministry
of Tourism. The program has secured four strategic tourism sites along
the country’s Indian Ocean coastline. The Maputo Elephant Reserve is the
first to be brought to market.
Irene Visser, IFC Tourism Program Manager,
said, “Attracting more investments in tourism will help support the development
and preservation of protected areas, provide positive international exposure
for Mozambique, and drive the country’s growing economy.”
IFC, a member of the World Bank Group,
creates opportunity for people to escape poverty and improve their lives.
We foster sustainable economic growth in developing countries by supporting
private sector development, mobilizing private capital, and providing advisory
and risk mitigation services to businesses and governments. Our new investments
totaled $16.2 billion in fiscal 2008, a 34 percent increase over the previous
year. For more information, visit www.ifc.org.