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UK companies want to invest in industry and infrastructure in Mozambique

UK companies want to invest in industry and infrastructure in Mozambique

UK companies are keen to invest in Mozambique’s industry, infrastructure and education to strengthen bilateral economic ties, said Queen Isabel II’s special envoy.

“I look forward to working towards new partnerships during my visit to improve trade links and investment opportunities between Mozambique and the United Kingdom,” said Wade Smith, quoted by Mozambican daily.

Wade Smith is in Mozambique for a working visit to the country as part of the strengthening of economic and trade relations.

“The UK is committed to becoming the largest G-7 investor in Africa by 2022, with a particular interest in strategic, job-creating sectors that will grow our mutual economies,” said Wade Smith.

Referring to her visit to the natural gas-rich province of Cabo Delgado, northern Mozambique, Queen Elizabeth II’s special envoy stated that there is enormous potential for British investment there.

“I have found that part of the project portfolio in the Provincial Strategic Development Plan for investment is aligned with what the areas of British business can invest in, namely industry, infrastructure and education,” said Wade Smith.

Source: Frog News

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