A Mozambican banker has said China is interested in putting money into a fund due to be set up this year to finance improvement of the Mozambican industrial base, O País reports.
The Mozambican newspaper quotes the banker, Banco Nacional de Investimento (BNI) President Tomás Matola, as saying his state-run bank is negotiating with several potential investors, among which China and the World Bank are the most interested.
Mr Matola said Chinese and Mozambican officials would meet soon to discuss how to undertake industrial projects.
BNI, the Mozambican Ministry of Industry and Trade, and the Confederação das Associações Económicas de Moçambique, an industrial association, agreed last year to set up the fund, O País says.
