MOZAMBICAN BUSINESS PEOPLE URGED TO BE MORE PROACTIVE WITH CHINESE COUNTERPARTS

BEIJING– Mozambican President Filipe Nyusi, who is in China to attend the 7th Summit of the Forum on China-Africa Co-operation (FOCAC) beginning here Monday, has encouraged Mozambican business people to be more pro-active in order to attract Chinese businesses to invest in Mozambique.

Speaking to members of the business delegation accompanying him on his visit to China, Nyusi told them: You should bank more on foreign direct investment. Mozambique is not here as just another African country. The partnership between Mozambique and China has opened a space that should be exploited in a pro-active manner by Government and private stakeholders.

Nyusi, who was requested by some members of the delegation to lobby the Chinese authorities on their behalf, said he wanted the companies to do their own work but added that if somebody has a project that needs government support, let him present it. The government is here to help.

One company told Nyusi it already has a Chinese partner. This company, Muyaki, according to its chairperson, former foreign minister Leonardo Simao, has already drawn up studies for a port near Chonguene, in the southern province of Gaza, and a railway linking the port to the Limpopo line running from Maputo to Zimbabwe.

Simao said there would also be branch lines to Chibuto district in Gaza and to Inharrime in Inhambane province, two areas where there are projects to exploit titanium bearing heavy mineral sands.

Simao said Muyaki’s Chinese partner is the China Railway International Group. Building these infrastructures could take three years and cost three billion US dollars, he said.

The delegation consists of business people, representing almost all sectors of the Mozambican economy, including three of the country’s commercial banks.

Source: NAM NEWS NETWORK