IRRIGATION DEVELOPMENT PROJECT IN THE BÚZI RIVER BASIN

Project’s Name: Irrigation Development Project in the Búzi River Basin

Project’s Location: Manica and Sofala Provinces

•Manica, and Sussundenga districts, in Manica

•Chibabava district, in Sofala

Type of Investment: Public-Private

Project Description: Construction/Rehabilitation of Irrigation Infrastructures, covering a total area of 15,000 hectares

Project Objective: Promotion and development of the value chains for the vegetables, maize, and potato crops

Available products and benefits:

  1. Creation of business opportunities for the population of the involved areas;
  2. Creation of more job opportunities;

  3. Food availability for the increasing food demand in Beira corridor

Target Market: Beira e Chimoio

Existing and Recommended Public Infraestructures: Chipembe Dam and Irrigation Scheme; N’guri Irrigation Scheme

Investment: USD 421,2 Millions

Financial and Economic performance IndicatorsNPV= 47,049,243.09 USD; IRR= 10.47%; PBP: 14 years