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Nyusi invites global business people to invest in Mozambique – AIM
7:31 CAT | 11 Jan 2024
India's Prime Minister Narendra Modi, UAE President Mohamed bin Zayed Al Nahyan, Prime Minister of the Czech Republic Petr Fiala, Mozambique President Filipe Jacinto Nyusi, President of Timor-Leste Jose Ramos-Horta, Gujarat Governor Acharya Devvrat and Chief Minister of Gujarat Bhupendra Patel and others at the Vibrant Gujarat Global Summit 2024, in Gandhinagar on Wednesday. [Image: PTI]
Mozambican President Filipe Nyusi has invited businesspeople from India and around the world to take advantage of the economic potential that Mozambique has, investing in various sectors that the country offers to global investors.
Nyusi launched his invitation on Wednesday, at the opening of the 10th edition of the Gujarat Global Summit, an event he attended at the invitation of the Indian Prime Minister, Narendra Modi.
“In order to strengthen international cooperation, through the creation of productive partnerships, leading to a rapid acceleration of global economic growth and improvement of the living conditions of our populations, I invite women, businessmen from India and all other parts of the world present here to invest in Mozambique on a win-win basis”, Nyusi said.
According to Nyusi, the legislation on investment in Mozambique offers a package of incentives to investors who want to produce goods and services that create job opportunities for young Mozambicans and contribute to adding value, industrialization and modernization of the economy.
He said that Mozambique is a country with a great deal of untapped economic potential. It has abundant arable land and rivers, which are ideal for mechanized agriculture, livestock farming and fishing.
“It has huge reserves for the development of the mining and processing industry, as well as large reserves of heavy sands and other minerals of high commercial value such as precious stones, copper, iron and graphite”, he said, adding that “the country also has enormous potential for the production of hydropower, wind and solar energy.”
He stressed that international partnerships should always be focused on harmonious development and wealth creation for the well-being of the people.
He guaranteed that the Mozambican government is doing everything it can to ensure an economic partnership in which all parties benefit and together contribute to a prosperous world for present and future generations.
He said that the Mozambican government and the national business community also hoped to learn new experiences of economic resilience and development at the Gujarat summit.
In fact, said Nyusi, India and the state of Gujarat, in particular, offer many developing countries the opportunity to share the experience of resilience and overcoming obstacles to development.
“This biennial summit, established more than 20 years ago, is the starting point for a region’s self-sufficiency”, he said. “The Gujarat Summit also has the particularity of encouraging countries and states to make a presentation on the business and investment opportunities they offer”.
He explained that the interest in learning from Gujarat’s experience is even greater because Mozambique believes in a development strategy based on self-sufficiency, based on the internal production or transformation of the resources available in the country for self-consumption and export.
“The fact that the country is bathed by the Indian Ocean makes the Mozambique Channel a strategic trade route for many countries, including those in the Southern African hinterland, whose access to the sea is through our country. Therefore, investing in Mozambique is also about benefiting from the economic opportunities that the southern African region offers with a market of over 250 million consumers”, he said.
The Gujarat summit is being attended by several heads of state and government from around the world. The event is promoted by the Indian government and aims to create partnerships and cooperation between the various world players with a view to socio-economic development, business contacts and strategies for the inclusive growth of states.
Watch | Prime Minister Narendra Modi, along with UAE President Mohamed bin Zayed Al Nahyan, Prime Minister of the Czech Republic Petr Fiala, Mozambique President Filipe Jacinto Nyusi, President of Timor-Leste José Ramos-Horta, Gujarat CM Bhupendra Patel, and Gujarat Governor… pic.twitter.com/sw8PnXPlfg
— DeshGujarat (@DeshGujarat) January 10, 2024
Na minha intervenção de hoje 10 de Janeiro na Cimeira de Gujarat, reiterei o convite a mulheres e homens de negócios indianos e de outras partes do mundo para investirem em Moçambique numa base de ganhos mútuos. pic.twitter.com/UEDPD47bKs
— Presidente Filipe Nyusi (@filipe_nyusi) January 10, 2024
Source: AIM
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