Browsing: Real Estate
Roughly a third of the 3,000 civil construction companies that operated in Mozambique in 2014 are now technically bankrupt, and 20% have already closed their doors as a result of the country's’ economic crisis, according to industry figures. [...]
Mozambique’s ministry of economy and finance has cancelled 47 tenders for public works as part of an austerity drive in the face of the country’s economic crisis, with more cuts likely [...]
Major companies such as Mozal and Anadarko are entering the rental market to fill empty housing developments, as the downturn in global commodity prices leads to major delays on Mozambique’s mega projects. The fall in global gas and coal prices, coupled with Mozambique’s own economic crisis [...]
South African energy company Sasol is tendering for construction companies to build a new training centre southern Mozambique to provide locals with the skills to needed to work on its oil and gas project in the province of Inhambane.
The government of Mozambique has launched a tender for consultants to design and manage a project to build a new higher education college in the north of the country, to be financed by the Arab Bank for Economic Development (BADEA).
The engineering consultancy accused of having approved the Zimpeto Olympic swimming pool building, which collapsed on 20 February killing Mozambique's national swimming coach, has denied it was responsible for checking the quality of the building work. [...]