HOW MOZAMBIQUE FHH NEEDS US$15M FOR HOUSING PROJECT DEVELOPMENT

HOW MOZAMBIQUE FHH NEEDS US$15M FOR HOUSING PROJECT DEVELOPMENT

The Mozambican government’s Housing Promotion Fund (FFH), needs, in the next 18 months, one billion meticais (about 15.6 million US dollars, at the current exchange rate) for housing projects throughout the country. “In the second half of next year, the institution will start the construction of 160 apartments”, said the Chairperson of the FFH Board of Directors, Armindo Munguambe, quoted in Thursday’s issue of the Maputo daily “Notícias.” The apartments to be built, according to…

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