The Minister of Economy and Finance, Max Tonela, defended during the opening of the 8th edition of the Mozambique Mining, Oil, Gas and Energy Conference and Exhibition (MMEC 2022), transparency in the exploitation of natural resources aimed at promoting the social and economic development of the country.
“The exploitation of this potential must be done in a transparent way so that its benefits contribute, in the first place, to the elevation of the lives of Mozambicans, today and tomorrow,” said Max Tonela.
For the extraction of natural resources to be put at the service of the prosperity of Mozambicans, the executive is betting on strategies that promote the industrialization of the country and the participation of the national private sector in the value chain.
“We want the extractive industry to be the driving force of national industrialization, ensuring that our resources can be transformed into high value-added products, promoting more employment and boosting the domestic market and exports,” stressed the Minister of Economy and Finance.
Max Tonela said that the Government has taken several measures to eliminate barriers to investment, ensure transparency and guarantee a greater participation of the national and foreign private sector in the exploration of energy resources.
