Mozambique’s Inhambane province seeks investment in Xiamen, China

10 September 2012

A delegation from the Mozambican province of Inhambane is in the Chinese city of Xiamen where, as well as taking part in the China International Fair for Investment & Trade (CIFIT), it is seeking to attract Chinese investment in local projects, Mozambican daily newspaper Notícias reported.

Specifically, the delegation made up of four members of the provincial government and by businesspeople, including some Chinese citizens with businesses in the province, will once again present the project for construction of the bridge in Inhambane bay linking the cities of Inhambane and Maxixe.

Júlio Auxilio Muocha, the provincial director for Planning and Finance and head of the delegation charged with “selling” the provinces image abroad, said that power production, building a fertilizer factory making use of bat guano, factories for processing cashew nuts, for wooden furniture and cassava processing, as well as developing a rice production chain are the ideas that Inhambane is presenting to Chinese investors.

The existence of great tourism potential, such as at Pomene beach, availability of around 120,000 hectares of arable land for growing cassava across almost all districts, as well as 100 hectares earmarked for a beer-making industrial area, are just some of the opportunities that the province offers.

Muocha noted that a cooperation programme with China had thus far resulted in opening some commercial units in the cities of Inhambane and Maxixe as well as in the town of Massinga. (macauhub)