INDONESIAN FM ON VISIT TO MOZAMBIQUE, PLEDGES TO BE TRUE BUSINESS PARTNER

The visiting Indonesian Foreign Minister, Retno Marsudi, has declared in Maputo that Indonesia could be “a true business partner” of Mozambique.

Speaking at a one-day Mozambique-Indonesia Business Forum here Tuesday, she said that now is the time for the two countries to build a robust economic partnership to stimulate their development.

“Now’s the time to build economic partnerships between Asia and Africa, and between Indonesia and Mozambique, because these continents and countries have very close historical ties,” she added. “We want to renew these ties and turn them into something concrete. It is time for us to march together and co-operate together”.

Marsudi said Indonesia was interested in investing in Mozambique’s oil and gas sector, and two Indonesian companies were already working in this sector.

She added that Indonesia had significant capacity in other areas, including industry, and so her delegation included two representatives of what she called “strategic industries”.

“Mozambique has many natural resources and Indonesia can offer manufacturing, and the training of workers to generate skills,” she said. The areas she had in mind included agriculture and fisheries, as well as manufacturing.

Representatives of the Export-Import Bank of Indonesia attended the Forum. Marsudi said their presence was crucial, since it would be impossible to talk about co-operation between countries without the financial component

She said the Exim Bank is willing to discuss with Mozambican business people the terms of financing trade between the two countries.

The Confederation of Mozambican business associations (CTA), which organised the event, stressed that major challenges can become investment opportunities. Its deputy chairperson, Rogerio Samo Gudo, pointed to the many projects planned for Mozambican railways and ports intended to boost the country’s exports.

Air transport was another area with investment potential, and pointed to Nacala International Airport, on the northern Mozambican coast, as a potential east African hub airport.

Source: NAM NEWS NETWORK