Business people from the United Arab Emirates have “enormous interest” in investing in Mozambique

Mateus Magala, Mozambique’s new Minister of Transport and Communications, spoke to reporters in Abu Dhabi on the sidelines of a four-day visit that Mozambican President Filipe Nyusi has made since Sunday to the United Arab Emirates.

“Businessmen from the United Arab Emirates have a great interest in investing in various fields in Mozambique because they have a huge surplus” in terms of liquidity, Magala said.

He continued that infrastructures, namely ports and airports, are areas with potential for attracting investments from businessmen from that Asian country.

Magala said that UAE businessmen trust the implemented macroeconomic policies. . .

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