On Saturday (20), President Daniel Francisco Chapo received assurances from Sultan Ahmed Bin Sulayem, President and CEO of the DP World Group, that the multinational will accelerate the expansion of Maputo Port and invest in new initiatives to support Mozambique’s industrialization.
The meeting took place during the President’s participation in the High-Level Week of the 80th Session of the United Nations General Assembly (UNGA) in New York, which brings together world leaders to discuss major global challenges.
Speaking to the press after the audience, the DP World leader revealed concrete progress in the Maputo Port expansion process, reinforcing the country as a strategic destination for logistics investments.
“I informed His Excellency the President that the port expansion will be completed quickly; we are already working on it,” he said, adding that the company is also identifying new investment areas.
“We are also looking at Mozambique’s industrialization, identifying opportunities in Maputo, Nacala, and other regions. The President received the idea and promised to support it. We also discussed the upcoming investment conference that will be held in Mozambique,” Bin Sulayem added, emphasizing the alignment of vision with the Head of State.
The meeting followed up on a session held in June in Maputo, where the DP World CEO had already presented a plan to double the capacity of Maputo Port within a year, making it the deepest port in the region with a draft of 16.5 meters.
“We decided that Mozambique is a very important country for us; it is well connected, has the longest coastline in Africa between Tanzania and South Africa, and there are many opportunities to unlock,” Bin Sulayem stated.
According to the executive, President Chapo’s personal commitment is crucial for attracting companies and creating a competitive environment. “I am very impressed with his passion and memory. His main effort is really about creating jobs through industry,” he said, adding that DP World sees Mozambique as a trusted partner.
The multinational has been operating in the country for over 20 years through the Maputo Port Development Company (MPDC) consortium, which also includes South Africa’s Grindrod Ltd and Mozambique Railways (CFM).
Source: AIM
