Maputo, 20 May (AIM) – Mozambican Minister of Planning and Development, Salim Valá, has announced that the sectors of energy, agro-industry and transport require an investment of about three billion US dollars.
The government expects to mobilize the amount in question from the United Kingdom.
Speaking at a workshop on “Green Manufacturing”, as part of the Inclusive Economic Growth Pact between Mozambique and the United Kingdom, Valá explained that “it is expected that this pact will mobilize three billion dollars in foreign direct investment.”
The minister believes that Mozambique has competitive advantages that few African countries are able to combine simultaneously.
“There are concrete and viable opportunities in strategic sectors. Electric mobility and sustainable transport, sustainable agro-industry, industries based on clean energy, including aluminium, green fertilizers, green hydrogen and other energy-intensive industries seeking locations with clean and competitive electricity”, he said.
For her part, Helen Lewis, the British High Commissioner to Mozambique, said that with leadership, coordination and ambition, the country has all the conditions needed to accelerate its economic transformation and establish itself as a regional hub for investment and production.
The event highlighted opportunities related to clean energy, critical minerals, sustainable manufacturing, electric mobility, and agro-industry, consolidating a vision focused on competitiveness, job creation, and economic independence.
Am/
