Beira mayor Daviz Simango has said the Government of Netherlands will help pay to build a road to the Mozambican port of Beira and low-cost housing following a memorandum of understanding signed at the end of an investor conference.
Simango said the embassy of the Netherlands had pledged to provide technical support and pay half of the US$250,000 needed to build the access road.
With regard to low-cost housing, Simango said each house was expected to cost from US$1,000-US$1,500 and that the municipality was studying its viability in order to minimise costs.
Simango made the announcement after a two-day meeting organised by the Beira Municipal Council in coordination with the Ports and Railways Company, which brought together local and international banking institutions.
Simango said he was optimistic that the meeting’s objectives would be achieved.