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The Provincial Permanent Secretary of Cabo Delgado Province in Mozambique, Antonio Domingos Mapure, invited South African businessmen to invest in the region and do business there. Mapure gave a speech at a seminar on trade and investment. This seminar was the first step of the one – week mission (OTIM) that started yesterday and will continue tomorrow in Maputo.
Mapure thanked the companies for joining the province to write the new history of oil and gas and showed confidence in the growth of the economy after the trade and investment mission. He added that the mission had come at a significant time, as the province was preparing to launch the 2018-2027 development program, which provides for the attraction of more than 50 million investments. dollars in gas extraction in the Rovuma basin and the launch of graphite exploration.
He added that all these activities represented a huge opportunity for South African companies.
"South Africa has been a privileged partner of Mozambique for years. His participation in the agricultural sector is very active, which is of interest to the province. We hope that this meeting will provide opportunities and create more strong links and know-how of local businesses. Our priority areas correspond to the South African interest of investing in Mozambique. They include tourism, fishing, human capital, aquaculture, mining and energy, "said Mapure.
Mapure also ensured companies in his country a commitment to share business opportunities, create a favorable business environment for laws and regulations, and encourage domestic and international investment.
The South African High Commissioner to Mozambique, Mandisi Mpahlwa, said that South African companies were aware that the world was currently studying oil and gas exploration in Cabo Delgado province and that gas volumes were huge and attracted a lot of attention from major foreign companies in the energy sector.
"Implementing more than $ 50 million in gas exploration investments in the Rovuma Basin presents significant opportunities for South African businesses and we want to partner with Mozambique and other countries." the province to build its new future and take advantage of these opportunities. new opportunities. We believe that we can contribute through our quality products, programs and services and in terms of backup services, in a much more economical and efficient way as these large global companies make their investments, "he said. Mpahlwa.
Distributed by APO Group on behalf of the Ministry of Commerce and Industry, South Africa.
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