Friday, April 26, 2024
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World Bank interested in supporting Phanda Nkuwa Hydropower Project

According to “Notícias” the interest in this regard was expressed yesterday in Maputo by Zayra Romo, head of the Infrastructure Programme at the World Bank, as part of a conference in the capital city with potential strategic investors pre-qualified in the tender to select the partner for the project’s development.

Zayra Romo said, however, that his institution is still waiting for a formal request from the Mozambican Government so that, within the bank’s internal structure, the project can be analyzed and a decision made according to the amounts involved.

Meanwhile, the conference also brought together MIREME, the Ministry of Economy and Finance (MEF), the Ministry of Land and Environment (MTA), the Agency for the Promotion of Investment and Exports (APIEX) among other no less important actors.

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