The Impact of the Maputo Development Corridor on Wealth Creation within the Region It Serves

نویسنده

  • Johan Maritz
چکیده

The Maputo Development Corridor along the N4 toll road between the north-eastern provinces of South Africa and Maputo (the capital and main port of Mozambique) was initiated in 1996. A Development Corridor can be seen as a concept to elevate an area to a certain level of development. One of the objectives of this project was investment in transport infrastructure in order to create an enabling environment for economic growth and development. The project is also in line with the 1995 Spatial Development Initiatives of the South African Government that attempt to improve investment in those areas were the greatest potential for growth exists. This paper comprised of a literature review on economic wealth creation within the broader region that the N4 toll road and the corridor currently serves. The research revealed that the areas closer to the N4 corridor had higher growth in terms of economic output as measured by Gross Valued Added than those further removed. There were a stronger correlation between growth in employment and proximity to the road corridor for the manufacturing-, construction-, trade and transport sectors. Analysis done also shows that

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تاریخ انتشار 2009