PRETORIA:Adriano Maleiane,the Mozambican Prime Minister says,the Southern-eastern country is hoping to strengthen economic and trade cooperation in various sectors with China,xinhua reported shortly after the an investment promotional event held in Central China's Hubei Province.
Addressing participants including diplomats during the event, the Prime Minister emphasized the economic strengths of Mozambique and his hope for both countries to deepen cooperation in sectors like agriculture, tourism, energy, and infrastructure development to advance the country's economic diversification.
It has been reported that,more More than fifty(50)Mozambican officials and business representatives attended the event.
China ranks among Mozambique's top ten(10)foreign investors, with one hundred and sixty-six(166) approved projects in Mozambique between 2017 and 2022 that created over 19,000 jobs.
But the total investment value that exceeded 1 billion U.S. dollars, of which over 700 million U.S. dollars is direct investment, according to data shared by Mozambican Industry and Commerce Minister Silvino Moreno at the event.
Most of these investment were in the industrial sector, followed by construction and services.
The Mozambican Prime Minister further added that, Mozambique is looking forward to Chinese investment in agriculture, industry, infrastructure, and logistics.
MOZAMBIQUE PRIME MINISTER ADRIANO MALEIANE:We will strengthen trade and investment ties with China.