Mozambique, Qatar firm sign 20 bln USD deal to boost key sectors


MAPUTO, Aug. 27 (Xinhua) -- The government of Mozambique and Al Mansour Holding, a Qatar-based investment conglomerate, signed a 20 billion U.S. dollar strategic cooperation agreement in the capital, Maputo, on Tuesday to boost development across key economic and social sectors.

According to a statement from the Mozambican presidency, the deal spans agriculture, livestock, fisheries, oil and gas, renewable energy, as well as infrastructure projects such as roads, railways, logistics centers, social housing, and hospitals. It also covers tourism and social investments, including schools, hotels, resorts, and sustainable coastal initiatives.

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