China wants to invest in agriculture, eco-tourism and mining in Mozambique

24 March 2006

Maputo, Mozambique, 24 March – The Chinese government said Wednesday in Maputo that it planned to invest in agricultural, eco-tourism and mining projects in Mozambique, boosting cooperation between the two countries.

The Chinese economic offensive was announced by the Chinese deputy minister of trade, Wei Jianguo, who is currently in Mozambique heading a delegation from his country to assess the possibility of investing in several areas, including the processing of agricultural products.

On Wednesday, Wei and Mozambican Prime Minister Luísa Diogo, met to discuss issues related to the potential projects, which will be mainly focused on the agricultural sector.

The investment initiative came following a meeting last year in New York, on the sidelines of the United Nations General Assembly, between the President of Mozambique, Armando Guebuza, and China’s head of State, Hu Jintao.

China would also “invest in scientific and technical training with the aim of improving Mozambique’s agricultural performance,” said Agriculture Minister Tomás Mandlate.

Friday the Chinese delegation will travel to Gaza province, south of Maputo to assess the potential of the Limpopo valley and is due to later visit the Zambezi valley in central Mozambique. (macauhub)