The Mozambican government presented investment opportunities across the country's strategic economic sectors at the 31st Partnership Summit of the Confederation of Indian Industry (CII), held on Thursday and Friday (12–13) in the city of Visakhapatnam, in the Indian state of Andhra Pradesh. The delegation's primary objectives were to attract foreign capital, promote business partnerships, and strengthen economic and trade ties with the Indian market.
The Mozambican delegation was led by the Secretary of State for Trade, António do Rosário Grispos, and included representatives from the ministries of Economy and National Defence, as well as Mozambique's High Commissioner in New Delhi, according to the Mozambique News Agency (AIM).
During the summit, Grispos participated in two high-level sessions — the Trade Ministers' Session and the African Trade Ministers' Roundtable — in which he outlined Mozambique's economic potential and the measures adopted by the government to improve the business environment.
Among the key opportunities highlighted were the country's mineral and energy resources, including natural gas reserves, gold, rubies, coal, graphite, and lithium — sectors identified as having strong potential to attract international investment and drive the transformation of the national economy.
Grispos also emphasised Mozambique's geographic location, which enables commercial connectivity with Southern African countries through port, rail, and road infrastructure. This strategic positioning was presented as a competitive advantage for investors seeking to develop economic and logistics activities in the region.
The Secretary of State further highlighted the historical cooperation ties between Mozambique and India, advocating for deeper economic partnerships, particularly in areas with potential to generate employment, increase domestic production, and diversify exports.
On the subject of economic reforms, Grispos outlined ongoing measures to improve the business environment, facilitate foreign investment entry, and strengthen trade relations. He stated that these initiatives form part of the government's broader strategy to stimulate business activity and create more favourable conditions for investment projects.
"Mozambique is also a gateway to the other countries of Southern Africa." — António do Rosário Grispos, Secretary of State for Trade.
Mozambique's participation at the summit comes as the two countries seek to expand cooperation across various productive sectors. In October, the government invited Indian investors to establish partnerships to boost rice production in Mozambique through the modernisation of agricultural techniques, technology transfer, and improvements in logistics efficiency.
The business rapprochement also covers opportunities in manufacturing, energy, agriculture, digitalisation, and connectivity — areas that formed part of the economic development and international cooperation agenda discussed during the summit.
The event, held under the theme "Navigating the New World Order: Trade, Technology, Trust and Thought Leadership", brought together government officials, entrepreneurs, investors, and representatives of international institutions to debate shifts in global trade and emerging investment opportunities.
Organised by the Confederation of Indian Industry in collaboration with India's Ministry of Commerce and Industry and the Government of Andhra Pradesh, the summit sought to strengthen international economic partnerships, promote industrial development, and encourage technological cooperation across regions.
Source: Diário Económico
Original article: https://www.diarioeconomico.co.mz/?p=561829
