Mozambique launches e-Procurement system
Qatar Chamber, Mozambique’s CTA discuss enhancing economic cooperation links
11:52 CAT | 16 Sep 2024
Qatar Chamber hosted a delegation from the Confederation of Economic Associations of Mozambique (CTA) on Sunday, September 15, led by HE Amilcar Paia Tivane, Vice-Minister of Economy and Finance.
QC First Vice-Chairman, HE Mohamed bin Twar Al Kuwari, chaired the Qatari side of the meeting, with QC Second Vice-Chairman HE Rashid bin Hamad Al Athba and several board members in attendance.
Also present at the meeting were CTA President HE Agostinho Zacarias Vuma, HE Isac Mamudo Massamby, Ambassador of Mozambique to Qatar, and several businessmen from both countries.
The meeting addressed bilateral economic and commercial relations, ways to enhance them, and investment opportunities in Mozambique, particularly in sectors attracting Qatari investors.
Speaking at the meeting, HE Mohamed bin Twar emphasized the strong relations between Qatar and Mozambique but noted that their trade exchange remains below the aspirations of both sides and does not reflect the full potential of the two countries.
He also highlighted that Mozambique offers abundant investment opportunities in various sectors, including agriculture, mining, and natural resources, affirming that this presents further opportunities for cooperation between Qatari firms and their Mozambican counterparts.
He stressed that Qatari investors are eager to explore opportunities and sectors available for investment and take advantage of the incentives and partnerships offered by Mozambique.
For his part, Vice-Minister of Economy and Finance, HE Amilcar Paia Tivane, praised the bilateral relations between the two countries across all sectors. He noted that Qatar is a key partner to Mozambique and emphasized the shared desire to elevate economic ties and capitalize on the potential in both nations for greater cooperation within the MENA region.
Tivane also mentioned that Mozambique is committed to achieving sustainable development and recognizes the pivotal role of the private sector in this regard. He outlined several initiatives Mozambique has adopted to foster a stable economic environment, capitalize on available opportunities, encourage investment, and improve economic legislation.
CTA President, HE Agostinho Zacarias Vuma, noted that the delegation includes 25 businessmen representing various sectors, including industry, energy, agriculture, transport, and others.
Vuma highlighted several abundant investment opportunities in Mozambique in sectors such as energy, agriculture, tourism, oil, mining, and logistics, emphasizing Mozambique’s interest in attracting Qatari investments.
He also stressed his country’s commitment to improving its business environment and legislation to foster a reliable investment climate.
Vuma invited Qatari business owners to visit Mozambique to explore the available investment opportunities across various sectors. He also proposed organizing a business forum in Mozambique’s capital, Maputo, to bring together businessmen from both countries.
QC board member, Eng. Ali Abdullatif Al Misnad, noted that Qatar’s free zones offer a range of incentives, highlighting that this creates opportunities for both parties to position Qatar as a gateway for Mozambique’s exports to the region.
During the meeting, the Mozambican delegation gave several presentations on the investment opportunities available in their country.
Qatar Chamber hosted a delegation from the Confederation of Economic Associations of Mozambique (CTA) led by HE Amilcar Paia Tivane, Vice-Minister of Economy and Finance.
QC First Vice-Chairman, HE Mohamed bin Twar Al Kuwari, chaired the Qatari side of the meeting, with several… pic.twitter.com/4dPlqPPc6m— Qatar Chamber (@Qatar_Chamber) September 15, 2024
Source: Qatar Chamber / Media Release
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