During a forum between leaders and a business delegation from Japan, led by Japanese Minister of State for Foreign Affairs, Yamada Kenji, Mozambican and Japanese’ authorities expressed their commitment to deepen their cooperation.
The Mozambican government has expressed its desire to establish a “strategic partnership” with Japan in the realms of economic, business, and trade cooperation, capitalizing on the investment opportunities in the African nation and the advanced technological prowess of the Asian country.
“The Japanese entrepreneurs are well aware of the investment opportunities that Mozambique offers; we see Japan as a long-term strategic partner,” said Mozambican Minister of Economy and Finance, Max Tonela.
The Mozambican official stated that “the high technological development of Japan and the numerous investment opportunities available” in the African country open up broad possibilities for the intensification of bilateral economic and trade ties.
“Our priority is to focus on the private sector to allow the untapped potential that our country presents to be used sustainably,” he emphasized.
Max Tonela continued by stating that Japan has the opportunity to promote investments in natural gas, industry, agriculture, tourism, and infrastructure in Mozambique, as a means of diversifying its presence in the African country in terms of business and trade.
In turn, Mozambican Minister of Transport and Communications, Mateus Magala, invited Japanese entrepreneurs to join Mozambican authorities in investing in urban mobility solutions, domestic maritime transport (cabotage), and natural resources.
Highlighting Japan’s commitment to the development of environmentally friendly ventures in the energy sector, Magala pointed out Maputo’s focus on graphite exploration for the production of batteries used in electric vehicles as an area with great potential for Japanese investment.
The Japanese Minister of State for Foreign Affairs emphasised the willingness of companies from his country to invest in Mozambique, particularly in the energy resources sector.
“Mozambique is a beautiful country full of opportunities, with gas reserves that are among the largest in Africa,” emphasized Yamada Kenji.
Mozambique’s geographical location, which provides access to the sea and serves as a transit point for regional trade, also makes the country attractive for foreign investment, he added.
The meeting between Mozambican officials and Japanese businessmen took place in anticipation to the arrival of Japanese Prime Minister, Fumio Kishida during his African mission.