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French investors confident in restoring security in Cabo Delgado

Managers from all four French business groups, with investments in Mozambique, yesterday expressed interest in continuing to invest in the Mozambican market and guaranteed to be confident in the restoration of security in Cabo Delgado. As part of the three-day visit to France, the President of the Republic received, this Monday, in separate hearings, French investors with concrete projects or interests in exploring the Mozambican market. Representing Technip, the main contractor for operations in the offshore (offshore) of the natural gas exploration project in area 01 of the Rovuma Basin and which will share the facilities of Total’s logistical base (the latter, leader of the consortium, with an investment estimated at approximately US $ 20 billion) and from the port of the Mozambique Railways, the Executive Administrator, Arnaud Pieton, assured the Mozambican head of state that he was is confident in the restoration of security in Cabo Delgado. “We have received assurances from the Government of Mozambique that everything is being done to restore security and this is a fundamental condition for projects to be developed much more quickly,” he said, at the end of the hearing, Technip’s Executive Director, Arnaud Pieton, for whom “Mozambique is a very important country, due to the very important projects we are developing, which include the development of human capital”. with the President of the Republic, Frédéric Oudea, CEO of Société Generale, a financial institution present in the national market and which expressed a willingness to finance and invest in the exploration of natural gas in the province of Cabo Delgado. “I assumed our commitment as Societé Generale, a large bank, with many interests in Europe and France, and we indicate that we are committed to maintaining our presence to finance various projects development, including the financing of projects related to the exploitation of natural gas, which is being developed by Total “, declared Frédéric Oudea.The Head of State also received Régis Arnoux, President of CIS, a restoration group, present in Mozambique, which provides services in the area of ​​hotels and the exploitation of natural resources. “We will accelerate these investments as soon as the situation is normalized, with respect to terrorist attacks. We will accelerate the projects we have in hand, “guaranteed Arnoux. Filipe Nyusi met with the President of South Africa, Cyril Ramaphosa. However, at the end of the meeting, there was no statement made to journalists. Source: The Country

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