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Mozambique attracts US$107 million in tourism investments in 2016

Investments in the tourism sector in Mozambique reached US$107.8 million in 2016, a decrease of 44.1% over the amount recorded in 2015, said on Monday in Maputo the Minister of Culture and Tourism, Silva Dunduro.

The minister, during a meeting to announce the Welcome Easter campaign aimed at tourists mostly from South Africa, said that last year Mozambique received 1.71 million tourists, More

Chinese companies project investments of US$20 billion in Brazil in 2017

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Chinese companies intend to invest about US$20 billion in purchasing Brazilian assets in 2017, an increase of 68% compared to US$11.9 million invested in 2016, according to the Brazil-China Chamber of Commerce and Industry (CCIBC).

Charles Tang, president of the CCIBC, told daily newspaper Estado de Sao Paulo that there are dozens of Chinese companies now looking to Brazil as a place More

Government of Brazil earns over US$1 billion from airport concession

Three foreign groups will manage four airports in Brazil, for whose concessions they paid 3.72 billion reais (US$1.17 billion) during an auction held on Thursday in Brasilia, said Brazilian airport infrastructure company Empresa Brasileira de Infra-estrutura Aeroportuária.

The minimum investment projected for the four airports – Porto Alegre, Salvador, Fortaleza and Florianópolis – is 6.61 billion reais during the concession period, which More

Tokyo Gas group interested in natural gas from Mozambique

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The Tokyo Gas Group plans to buy natural gas extracted in Mozambique under a programme to diversify its providers, said on Tuesday in Tokyo the group’s chief executive as he welcomed the President of Mozambique, who is on an official visit to Japan until Thursday.

“Currently we have 12 contracts with supply companies from different countries but we are interested in the More

Mozambique recovers ProSavana programme in Japan

The governments of Japan and Mozambique will restate commitments made in order to re-launch the ProSavana three-way programme, to be implemented in 19 districts in the Mozambican provinces of Zambezia, Nampula and Niassa in an estimated area of ​​11 million hectares, Mozambique’s Minister for Agriculture and Food Security announced in Tokyo.

The implementation of this project, which also involves Brazil, may help, More

Brazil promotes itself as a tourist destination in China

The Brazilian Tourism Institute (Embratur) has been supporting the participation of Brazilian companies at tourism fairs in China, seeking to attract an increasing number of Chinese tourists, the deputy president of the institute told trade newspaper Brasilturis.

The latest support was given at GITF 2017 – Guangzhou International Travel Fair, from 23 to 25 February an event at which the main Brazilian More