Chapo presents Mozambican projects to Turkish investors
By the AFREEQUE newsroom, based on Carta de Moçambique
Mozambican President Daniel Chapo presented projects in gas, energy, transport, agriculture and tourism to Turkish investors. The meeting, held on the sidelines of COP31 in Antalya, aimed to attract capital to Mozambique, according to Carta de Moçambique.
Mozambican President Daniel Chapo presented projects in gas, energy, transport, logistics, agriculture and tourism to Turkish entrepreneurs in Antalya, Turkey, on Thursday, inviting them to invest in Mozambique, according to Carta de Moçambique. The meeting was held on the sidelines of his participation in COP31, the UN climate conference.
Daniel Chapo notably cited gas projects in the Rovuma Basin associated with Eni, TotalEnergies and ExxonMobil. He said the Mozambique LNG project had resumed activities in Cabo Delgado province and that ExxonMobil’s final investment decision for its gas project was expected before the end of 2026, according to Carta de Moçambique.
The Mozambican president also presented the Maputo, Beira and Nacala transport corridors, the Mphanda Nkuwa hydroelectric project, the second phase of the Cahora Bassa hydroelectric power station and a gas-fired power station of about 450 megawatts in Inhambane. He highlighted ongoing reforms and Mozambique’s geographical position to attract capital, as well as opportunities for public-private partnerships, build-operate-transfer projects and concessions.
The presentation comes after ExxonMobil’s stake in the Rovuma LNG gas project rising to 50%, announced on 2 November. It also follows Mozambique’s proposal of 50 tourism projects to investors, presented on 6 November.
