Spain to finance Spanish-Mozambican projects

8 October 2013

The Spanish government plans to open a 75-million euro credit line for Spanish-Mozambican projects which will be presented this week at a bilateral business conference, Spain’s embassy in Maputo announced.

The Spain-Mozambique Business Conference being held this 8 and 9 October in the Mozambican capital will be attended by 35 Spanish companies seeking “business cooperation and investment opportunities”, indicates the statement sent to Macauhub in Maputo.

Mozambican Industry and Trade Minister Armando Inroga and the representative from the Spanish Institute for Foreign Trade, María del Coriseo, will oversee the event, to be marked by announcement of the 75-million euro credit line for Spanish-Mozambican projects.

The 35 Spanish companies attending the forum are seeking business opportunities in the areas of “electric power, environment and water treatment, agriculture and transport infrastructures such as airports, harbours, roads and railways”. (macauhub)