Mozambique tourism industry seeks investment for up to 50 projects

Domestic and foreign investment is being sought for a portfolio of up to 50 projects proposed by the Mozambique tourism industry, including a proposed 35-kilometre coastal development corridor in Inhambane province.

According to Forbes Africa, President Daniel Chapo unveiled the plans at the opening of the second Mozambique Tourism Summit in Vilankulo, held under the theme “Mozambique: Where Africa Reinvents Itself”.

A flagship proposal, the Vilankulo–Inhassoro waterfront development, is designed to attract five-star hotels, international-standard marinas, eco-resorts, fine-dining establishments and high-end residential developments, Forbes Africa says.

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Chapo said the investment portfolio comprises between 40 and 50 Mozambique tourism industry projects, including 25 opportunities already structured for partnerships and financing.

The summit brought together representatives of international hotel chains, airlines, cruise operators, logistics companies, financial institutions and investment funds, alongside domestic and foreign tour operators.

Mozambique tourism industry: diversifying the economy

The president described tourism as a strategic sector for diversifying Mozambique’s economy and strengthening its economic independence. He urged investors to turn the opportunities presented into concrete projects capable of creating jobs and supporting local communities.

To encourage investment and facilitate travel, Mozambique has launched an electronic visa platform and introduced so-called Gold visas. It has also established the National Agency for Tourism Development and Investment and the Southern Corridor Special Tourism Economic Zone, covering Vilankulo, Pomene and Inhassoro.

Chapo pledged that the government would improve the business environment by tackling corruption, organised crime, kidnappings and excessive bureaucracy, Forbes Africa reported.

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Vilankulo is the main gateway to the Bazaruto Archipelago, whose islands, beaches and coral reefs are among Mozambique’s best-known tourism attractions. The archipelago’s protected marine environment is a major draw for diving, snorkelling and nature-based tourism.

Mozambique also plans to host the Global Tourism Forum for the first time in 2027, in partnership with UN Tourism and the Global Tourism Institute, as part of efforts to raise its international profile and attract further investment.