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China to help Mozambique establish industrial park

Xinhua, September 23, 2016 Adjust font size:

China will help Mozambique establish an industrial park as an effort to increase job opportunities in the southern African country, according to Chinese Ambassador Su Jian.

Ambassador Su told Mozambican Prime Minister Carlos Agostinho do Rosario on Wednesday in Maputo that China is willing to continue supporting the country in different domains including increasing job opportunities through the establishment of an industrial park.

The ambassador said the Chinese government would send a group of specialists to Mozambique next year to help establish the industrial park.

"Mozambican government has already identified a number of potential locations. With that defined, potential Chinese and Mozambican companies can be invited to the initial phase of the project," said the ambassador.

China is one of the major foreign investors in Mozambique and has been implementing a number of moves that tend to help Mozambique overcome the challenges it is going through in the economic domain.

Those moves include debt relief and loans with low or no interests as part of the Chinese and Mozambique strategy to strengthen cooperation. Endit