35,000 HOUSES TO BE BUILT BY CHINESE IN MOZAMBIQUE

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The Housing Promotion Fund (FFH), a body supervised
by the Mozambican Ministry of Public Works, on Wednesday signed an agreement
with the Chinese company CITIC Construction, for the building of 35,000 houses
throughout the country intended for young people and workers in the public
administration.

The Minister of Public Works, Joao Machatine,
announced that the work on building the houses will begin in June next year.

He said that the agreement was the culmination of
negotiations between the Mozambican and Chinese authorities that had lasted a
year, in order to reach a partnership model with mutual advantages.

“One of the most important aspects of the
discussions was the need to ensure that the price of the houses would not be
greater than the target public could afford, bearing in mind the income of most
young people and public servants”, added Machatine.

He called on both the FFH and CITIC construction to
ensure that the project becomes a success. “We cannot fail, we shall not fail,
and we don’t accept any excuses”, he declared.

The Minister of Youth and Sport, Nyeleti Mondlane,
congratulated the two sides on reaching agreement. Access to decent housing was
a key issue for young Mozambicans, she said.

“This is a very good initiative for Mozambican
youth”, she declared. “They are clamouring for the opportunity to live in
decent houses of their own”.

The project will take five years to complete. 15,000 houses will be built in the southern provinces, 10,000 in the centre of the country and 10,000 in the north. Each house will cost between $30,000 and $40,000 (depending on the size), with possibilities of payment phased over a long period of time.https://clubofmozambique.com/news/35000-houses-to-be-built-by-chinese-company-137068/

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