Four ministers seek in Tete investors for projects in Mozambique

Four Mozambican ministers are taking part on Thursday in the Tete Infrastructure Forum, whose main objective is to attract investors and/or financiers to projects already identified by each of the four ministries, said on Friday in Maputo the spokesperson for the forum, Odete Simeão.

In addition to the Ministers of Transport and Communications, Mineral Resources and Energy, Public Works, Housing and Water Resources and Agriculture and Food Security the Forum will be attended by provincial officials, state-sponsored and state-owned company officials, cooperation partners, national and international investors.

Simeão gave an estimate of US$4 billion for the construction of these projects, which for the Mozambican government represent infrastructure that fosters the development of the productive sector.

One of the projects already identified is, according to Simeão, the construction of a railway linking the north to the south of the country.

The list of projects to be presented at the Forum also includes the Tsatse Hydropower Plant, located in Manica, which may have a capacity of 50 megawatts of electricity, irrigation in several areas of the country, and the construction of the dry dock in Dondo.

The Mozambican government expects around 300 participants from a number of countries, including China, Portugal, Turkey and South Africa, as well as representatives from financial institutions such as the World Bank and the African Development Bank.

The Tete Infrastructure Forum is entitled, “Investing in flexible infrastructure to promote sustainable development and regional integration.” (macauhub)

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