Indian-funded training institutes in Mozambique will not go ahead

12 January 2011

Maputo, Mozambique, 12 Jan – The funding agreement for construction of coal training institutes, which was due to have been signed Monday in Maputo, did not go ahead, the Mozambican press reported.

The agreement, which was to have been signed by the Indian Coal ministry, represented by its minister, Sriprakash Jaiswal, and the Mozambican Mining Resources Ministry, would have led to India providing US$40 million for construction and equipping of two training institutes, the Mozambican Institute for Planning and Organisation and the Regional Institute of the Southern African Development Community.

At the end of a closed meeting Monday, the two sides showed interest in cooperating in the area of training but gave no further details about signing the agreement, noting that there were still “issues to deal with.” (macauhub)