Bank of Mozambique opens new headquarters in Maputo

The Bank of Mozambique spent USD300 million of its own resources to build its new headquarters in Maputo, a set of three buildings in the city center occupying an area of more than 87,500 square meters, which was inaugurated on Monday by the Mozambican President.

The main building, called Torre de Escritorios (Office Tower), has 29 floors and occupies an area of 25,900 square meters, the second largest, the Car Silo, has 19 floors and occupies an area of 56,000 square meters, with the rear of the first 14 floors reserved for car parking.

The third building, the smallest, is called the Technical Hub, and on its six floors houses a variety of equipment including power transformers and emergency generators.

The contract for its construction, which began in 2011, was awarded to Portuguese company Teixeira Duarte and its main aim was to modernise the former headquarters of the central bank, improve the working conditions of the staff and ensure a better range of banking services to the State and other Institutions.

The central bank reported that the construction project included security and technology elements that will ensure the handling and storage of money according to international standards and added that the former headquarters building was out of touch with the current needs as it was built in 1964.

The old building, which was built to house the Banco Nacional Utramarino’s headquarters in Mozambique, will remain in the possession of the Bank of Mozambique, according to statements made on Monday by Governor Rogério Zandamela.  MDT/Macauhub