The President of the Republic met yesterday with investors from the oil, gas and mining industry to discuss challenges and opportunities for the economic development of Cabo Delgado.
The Head of State said in his speech that since the elections, the country has seen violent demonstrations, but now they are somewhat decreasing, with an incidence in Maputo, Gaza and Inhambane. He promised investors more work to put an end to the demonstrations. "Together we will continue to work so that we can resolve this situation as quickly as possible," said the President.
The meeting was attended by national and multinational companies such as Total, Eni and ExxonMobil, which reaffirmed their commitment to continue investing in the region.
Entrepreneurs were concerned about access routes, security, infrastructure and illegal taxes. Despite the challenges, they were optimistic and willing to contribute to the ongoing reforms.
They asked for more flexibility in financial management and to reduce bureaucracy in state processes.
They also want to strengthen the local content project, ensuring that Mozambican companies have priority in providing services and supplying goods for major projects in the province.
They suggested the implementation of a sustainable industrialization plan and the local processing of at least 10 percent of the extracted resources, promoting greater added value for the country. The President assured that all the issues raised will be analyzed and that a follow-up matrix will be created to ensure that the private sector's concerns are addressed.
"We're going to overcome these issues of demonstrations as soon as possible, we're leading a dialogue in which we're going to talk to everyone soon, that will allow us to create a good business environment and continue to develop our country," concluded Chapo.
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