With a long history of economic cooperation with Japan and considering the latest developments in Cabo Delgado where the country has an interest in a gas project, Mr. Tonela’s mission comes at a time when Mozambique becomes a gas exporter and its economy returns to the path of growth.
The mission headed by Minister Tonela in conjunction of the Minister of Transport and Communications, Mateus Magala, has its main objective aimed at deepening bilateral relations between the two countries and will see the delegation hold meetings with officials from the public and private sector.
Max Tonela and Mateus Magala’s agendas will include meetings with some of Japan’s key ministers, including the state minister of finance, Kozo Akino, the state minister of foreign affairs, Kenji Yamada, the minister of economy, trade and Industry, Yasutoshi Nishimura, of state, infrastructures, transport and tourism, and also with top executive from MITSUI, JERA, JOGMEC, JAICA, JBIC, Tohoku Electric Power and Tokyo Gas.
The Minister of Transport and Communications will also conduct technical visits to Tokyo’s mass public transport Hato Bus, the Japan Meteorological Agency and Haneda Airport.
With the return of Mozambique to the international markets beginning last May with an extended credit facility from the IMF and other measures such as the Economic Stimulus Acceleration Package presented last August, the country has returned to a positive growth of 4.12% in the first 3 trimesters of the year against an initial IMF forecast of 2.85%, reviewed to 3.9% bringing the country back to the radar of foreign investors, particularly given its energy transformation and generation potential in a time of international uncertainty in the sector.