On the occasion, the parties agreed to organize business forums to materialize investments. The Diplomat expressed his country’s interest in contributing to the capacity building of SMEs and Mozambican labor.
Thailand is already investing in the tourism sector in Mozambique, with emphasis on hotels, with 4 hotel units of Thai investment.
Currently, it is finalizing an investment in aquaculture for the production of tilapia in Bilene. They also intend to invest in rice production in Gaza, waiting for the availability of land by the Government.
CTA also invited Thailand to invest together in the creation of tourism activities to add value to tourism in Mozambique.
In the area of clothing, Thailand argues that, due to the proximity of cultures, there is great potential.
Regarding the challenges, double taxation is pointed out as one of the major constraints for investment viability.
Finally, the commercial section of the Embassy committed itself to a deeper cooperation with CTA to create opportunities between companies and increase trade and investment between the two countries and, to this end, they agreed to sign a memorandum of understanding.
