Businesspeople from the Chinese province of Henan expected to invest in Mozambique

8 November 2011

Maputo, Mozambique, 8 Nov – Businesspeople from the Chinese province of Henan are expected to invest US$100 million in Mozambique by 2015, said the assistant director of the Investment Promotion Institute (CPI), which is responsible for attracting investment.

Assistant director Godinho Alves was cited by the Mozambican press Monday as saying that the interest of the Chinese businesspeople was focused on the real estate, industrial, agricultural, public works and tourism sectors.

The interest of around 30 businesspeople from Henan was shown when Mozambique’s president, Armando Guebuza visited the Chinese province.

Last week a mission from Henan province made up of 30 businesspeople visited several projects in Maputo province, where most of Mozambique’s industrial activities are centred.

In the first half of the year China was the sixth-biggest direct investor in Mozambique, according to the CPI.

China is one of the countries to have invested most in Mozambique in the last few years, most notable in the infrastructure sector. (macauhub)