Mozambique urges S. Africa to invest in Cabo Delgado province

The provincial permanent secretary of Mozambique’s Cabo Delgado Province, Antonio Domingos Mapure, has extended an invite to the South African businesses to invest and do business in the province.

Mapure was addressing a trade and investment seminar. The seminar was the first leg of the week-long Outward Trade and Investment Mission (OTIM). He thanked the businesses for joining the province in writing the new story of oil and gas and expressed confidence in the growth of the economy post the trade and investment mission.

He said the mission came at an important time when the province was getting ready to start the 2018-2027 development programme which includes attraction of investments of more than US$50mn in the extraction of gas in the Rovuma basin and as well as the initiation of graphite exploration. All these activities presented a huge opportunity for South African businesses, the permanent secretary added.

Source: Oil Review Africa

 

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