President of the Republic calls for more investment and supervision in the mining sector

Presidente da República defende mais investimento e fiscalização no sector mineiro

This Monday, the President of the Republic defended the need for greater attraction of foreign investment in the Mozambican mining sector, stating that the entry into operation of the Geology Laboratory of the National Mining Institute (INAMI) imposes the need for more supervision of mining activities in the country.

According to Filipe Nyusi, who was speaking today in Maputo at the inauguration ceremony of the Geology Laboratory, "the reinforcement of inspection will contribute to increasing state revenues and improving the living conditions of communities".

"It is our expectation that enforcement action will be stepped up, both in terms of production and taxation," he said, stressing that this sector is a source of income for more than 800,000 people in rural areas.

According to a statement from the Presidency of the Republic, the reconstruction and equipping of the Geology Laboratory cost around 197 million meticais and also includes the Seismic Data Processing and Analysis Center.

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