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 Mon, 31 Mar 2008


You are in: African Business


MOZAMBIQUE
China finances new stadium

Mozambique will by June 2010 have a new 42 000 seater stadium that neighbouring SA will use for World Cup soccer matches.

Radio Mozambique said on Monday in a report that the new stadium — to be financed by the Chinese government to the tune of $57-million — would be built in the neighbourhood of Zimpeto, on the outskirts of Maputo city.

The station said the stadium would be constructed under a period of two years and three months over an area of 167 900 square metres.

Mozambique expects to host some of the soccer matches at its venues by the time of the 2010 World Cup set for SA.

The country's tourism sector has also started refurbishing some of its hotels, expecting to take a share from the gains of the World Cup soccer matches.

Sapa

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