Japan will continue to support the development of Mozambique

6 February 2020

Japan will continue to support the development of Mozambique by financing projects focused on the economic growth of the country, said on Wednesday in Maputo the outgoing Japanese ambassador Toshio Ikeda.

The guarantee was given by the Ambassador at the end of an audience with the President of Mozambique, Filipe Nyusi, to say farewell after his term of office, which lasted for about two and a half years.

Ikeda left clear assurances that the political, economic and social relations between Japan and Mozambique would continue and investments in the business sector will remain as a way to continue to take part in the country’s development process.

“The Government of Japan will continue to work together with Mozambique to assist in the development of the country. We want to increase the potential of economic growth in Mozambique,” said Toshio Ikeda, quoted by Mozambican news agency, AIM.

Without revealing the amounts that his Government will apply in Mozambique in the coming years, the diplomat gave assurances that trade will increase and investments in the country will grow to further strengthen Japan’s presence in Mozambique with direct financing for development projects.

“Mozambique exports coal to Japan and we want to increase the export of products to my country, which participates in major economic projects such as the Nacala Corridor and in the exploration of natural gas,” he said.

The ambassador also said that the funding awarded to the Nacala Corridor project and the investment in natural gas exploration in the Rovuma basin in Cabo Delgado, northern Mozambique, make Japan the second largest investor country in Mozambique.

The Nacala Corridor, situated in Nampula province, northern Mozambique, is one of the most important railway lines to transport goods from East Africa. (macauhub)