Maputo, 21 Sep (AIM) – Mozambican President Daniel Chapo on Saturday obtained guarantees from the chairperson and CEO of the Dubai World Group, Sultan Ahmed Bin Sulayem, that this company will speed up the expansion of Maputo port and invest on new fronts to support the industrialisation of Mozambique.
The two men met in New York on the sidelines of the 80th session of the United Nations General Assembly. Dubai World is the main shareholder in the Maputo Port Development Corporation (MPDC), which operates the port.
At the end of his audience with Chapo, Bin Sulayem said advances in the expansion of the port are consolidating Mozambique as a destination for investments in logistics.
“I informed the President that the expansion of the port will shortly be concluded”, he said, adding that Dubai World is now identifying new areas for investment in Maputo, the northern port of Nacala and elsewhere. “The President is receptive to the idea and has promised to help”, said Bin Sulayem.
This was the continuation of a meeting held in Maputo in June, when the Dubai World CEO had presented a plan to double the capacity of Maputo port within a year, deepening the port channel to 16.5 metres.
“We have decided that Mozambique is a very important country for us”, said Bin Sulayem. “It is a very well-connected country, with the longest coastline in Africa, and there are many opportunities that can be unblocked”.
He believed that the personal commitment of Chapo is decisive for attracting companies and creating a competitive environment.
(AIM)
Pf/ (264)
