Chapo courts Turkish investors for Mozambique gas, power and corridor projects
The president told business leaders in Antalya that the country has recently carried out public sector reforms that make it a favourable place to raise capital.
President Daniel Chapo invited Turkish businesspeople to invest in infrastructure, energy, transport, logistics, agriculture, tourism and industry in Mozambique. Speaking in Antalya, Turkey, he said the country is going through a favourable moment for raising capital after reforms in the public sector, and he acknowledged that Mozambique has projects and a vision that need financing.
He listed gas projects in the Rovuma Basin linked to ENI, TotalEnergies and ExxonMobil, and said Mozambique LNG has resumed activity in Cabo Delgado. He added that ExxonMobil's final investment decision is expected before the end of 2026. He also named the Maputo, Beira and Nacala corridors, the Mphanda Nkuwa project, a second phase of the Cahora Bassa hydroelectric dam, and a gas power plant of about 450 megawatts in Inhambane.
Chapo said Mozambican law provides for public-private partnerships, build-operate-transfer (BOT) arrangements and concessions. The official note did not say whether the Turkish businesspeople made proposals or took on any commitments.
Why it mattersTurkish companies weighing Mozambique's gas, power and corridor projects now have a named set of partnership and concession routes to pursue.