Mozambique: Japan to continue supporting Mozambican development

2 March 2009

Maputo, Mozambique, 2 March – The Japanese ambassador to Mozambique, Susumo Segawa, reiterated in Maputo the Japanese government’s commitment to continue providing support for the development of Mozambique, despite the current international financial crisis.

Japan is also studying the possibility of providing a loan for investments in improving infrastructures in the Nacala Corridor, as well as having an interest in the concession of equipment for the project to mine coal in Moatize and the development of road infrastructures in the north of the country.

The ambassador gave assurances that the Japanese government would continue with its commitment to double aid to Africa and boost private investment in the continent over the next five years, as was agreed at the 4th Tokyo International Conference on African Development (TICAD IV), held in May of last year.

Since TICAD IV, a Japanese mission of some 50 people, including representatives of some of the biggest Japanese companies along with senior government officials, travelled to Mozambique, with the aim of identifying investment opportunities and boosting relations between the countries.

“Our former prime minister (Yasuo Fukuda) said, during TICAD IV, that Japan would double its aid to African countries over the next five years. The new Japanese government has re-evaluated the impacts of the world financial crisis and decided that is should maintain the commitment made to Africa, including Mozambique,” the Japanese diplomat said.(macauhub)