IFC is helping grow Mozambique’s economically important tourism sector by making a wealth of background and legal material available freely online to prospective investors.
More than 250 downloadable reports, laws, manuals, and guidelines that thoroughly detail and explain all aspects of Mozambique’s tourism industry can be found at the Investment Climate Library, a resource recently launched by IFC’s Mozambique Tourism Anchor Investment Program.
Since 2006, IFC has been helping Mozambique sustainably develop its bountiful tourism assets, which include pristine beaches, coral reefs, turquoise seas, ‘big five’ game, bio-diversity-rich protected areas and a unique ‘Afro-Mediterranean’ culture
Sustainable growth in its tourism industry is helping Mozambique create much-needed jobs, attract foreign exchange, and is supporting broader economic development in the country.
Increased investment in eco-tourism in the country’s protected areas will also help Mozambique protect its biodiversity.
The online library provides valuable information and case studies that will help potential investors make informed decisions. It is designed as a reference guide for investors, government officials, researchers and any other party with an interest in tourism investment in Mozambique and understanding its policy environment.
Graham Paterson, Director of Airports and Africa from 1time Airline said of the library, “It was this information that largely set apart our application to become the first budget airline to fly the Johannesburg/Maputo route. The Tourism Investment Climate Library should be the first port of call for anyone looking into investing in tourism or related sectors in Mozambique.”
The site has received hits from over 60 countries worldwide, helping strengthen the image of Mozambique internationally, and improving transparency in its tourism industry.
Ana Comoane, Mozambique’s National Director for Tourism, said, “We congratulate IFC and all contributors to the Investment Climate Library for the brilliant work, which will certainly contribute not only to the development and efficiency within the Ministry of Tourism, but also to the sector at large and the general public.”
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