Turkey eyes more business interests in Mozambique

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Turkey eyes more business interests in Mozambique

7:23 CAT | 12 May 2017

O País

A high profile Turkish business delegation visiting Mozambique has expressed interest in investing in the country’s agriculture, infrastructure, energy and tourism sectors. The interest was made known on Thursday in the capital, Maputo during the Mozambique-Turkey Business Forum, organised by the Turkish embassy in partnership with the Confederation of Economic Associations of Mozambique (CTA).

“We are in Maputo looking for new business opportunities in the areas of agriculture, infrastructure, energy and tourism”, the representative of the Turkish embassy in Maputo, Ahmet Mahir Yener told APA in an interview on the sidelines of the Maputo meeting.

The delegation which arrived in Mozambique on Thursday and will leave on Saturday are in the country to assess potential areas of investment.

The Mozambique-Turkey Business Forum comes four months after Turkish president, Recep Erdogan visited Mozambique.

As a result of that tour, more than 30 Turkish entrepreneurs met with around 200 Mozambican businessmen to learn about business opportunities in the country.

Turkish investment in Mozambique currently stands at $270 million.

Agostinho Vuma, the vice president of CTA, a business organisation co-organiser of the Business Forum, believes that the arrival of Turkish entrepreneurs in Maputo will pave the way for them to share opportunities and establish partnerships with their Mozambican counterparts.

Source: APA