Evaluation:
Published: 01.12.1996.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
  • Essays 'Financing the Mozal Proect', 1.
  • Essays 'Financing the Mozal Proect', 2.
Extract

The IFC should immediately seize the opportunity presented in the financing of Mozal. Investment in the project on the part of the IFC would generate valuable social, financial, and economic benefits, not only for the people and government of Mozambique but on a more global level as well, allowing the international investors, suppliers, distributors, and sponsors involved in the deal to enjoy the catalytic effects spurred by the project and the investment itself. The Mozal Project is the perfect trigger to boost the economy of the emerging market, post-conflict Mozambique and improve the quality of life for its people on every level. While such an investment, which would be the largest single FDI project for this debt-ridden country, may be intimidating, it has strong sponsors and promising financial prospects.…

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