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Mozambique and Malawi Launch Project to Attract Foreign Investment

Mozambique and Malawi Launch Project to Attract Foreign Investment

The Zambezi Valley Development Agency and the Mozambican High Commission in Malawi are launching a project to internationalise the Mozambican economy in the village of Ulónguè in the Angónia district of Tete this Monday.

This initiative aims to fulfil the challenge launched by Mozambican President Filipe Jacinto Nyusi, which is based on promoting economic diplomacy as a way of attracting more foreign direct investment.

The project to be launched this Monday has two main strands: promoting the country’s image in foreign markets, especially Malawi, and strengthening bilateral and multilateral trade through foreign economic and trade policies.

The Zambezi Agency is taking part in this project as an essential part of the internationalisation of the Mozambican economy, by advertising local products abroad.

The Mozambican High Commission in Malawi is exclusively fulfilling its role of implementing economic diplomacy and working with the competent bodies to eliminate economic barriers.

To this end, a mission of Malawian journalists, including those from RM, is on its way to Ulónguè village in the Angónia district of Tete to launch the new project, which will also be a platform to support the competitiveness of national economies in foreign markets.

Alexandre Manjate is Mozambique’s high commissioner in Malawi and the initiative’s mentor.

While in Mozambique, the mission of Malawian journalists will also visit projects developed by the Zambezi Agency, visit HCB and the Matambo substation as part of the Mozambique-Malawi interconnection project, as well as visit the ports of Beira and Nacala, two infrastructures that drive the Malawian economy.

Rádio Moçambique

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