(2007-10-16) A South African-owned company registered in Mozambique has invested more than $3-million in a tourism project in the northern Mozambican province of Nampula.
Domingos Cintura, Nampula provincial director of tourism, said in an interview in Nampula on Monday that the project consisted of three lodges to be owned by the same group of shareholders.
The construction of the five star lodges, which would also include water sports facilities on the islands of Caldeira and Nejovo in the district of Moma, was in the initial phases.
Cintura said the group registered in Mozambique as Group Fresh Limitada was headed by Jack Francis Truter, a Cape Town-based business executive.
He said the project had been approved by the government while an agreement had also been reached with local communities to establish the project. - (Sapa)