Jindal Steel Group reaffirmed on Monday (18) its commitment to expanding its investments in Mozambique, with a focus on industrialisation, mining, exports and social development, shortly after the conclusion of an audience granted by Head of State Daniel Chapo to the company’s chairman, Naveen Jindal.
During the meeting, the parties reviewed the current status of Jindal’s operations in the country and discussed prospects for strengthening the group’s presence in the Mozambican market, considered strategic for industrial investment.
Speaking to the press at the end of the meeting, Naveen Jindal described the discussion as positive and highlighted the President’s vision for national economic development.
“We had an excellent meeting with President Chapo. He genuinely wants Mozambique to succeed and showed great interest in strengthening investment,” he said.
Photo: Presidency
Photo: Presidency
According to the businessman, the Mozambican Government also encouraged the group to expand its involvement in priority social areas, namely vocational training, education, industrialisation, sport, and programmes for the empowerment of women and girls.
He assured that the company intends to respond positively to the appeal, consolidating existing investments and advancing with new long-term projects.
NaveenJindal also highlighted the role of Vulcan Mozambique in the national market, stressing its contribution to export growth and job creation.
He noted that the group has been operating in Mozambique for more than 15 years and praised the business environment, pointing to stability and institutional support as important factors for the growth of its operations.
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Photo: Presidency
The chairman of Jindal Steel also highlighted the contribution of the Mozambican workforce, considering it decisive for the company’s results over the course of its presence in the country.
“We love the people of Mozambique. They have been very supportive of us and we are looking forward to making further investments in the country,” he said.
Beyond the industrial component, the group expressed its intention to deepen community development programmes, focusing on creating opportunities for young people and strengthening technical and vocational training.
The meeting ended with a reaffirmation of mutual interest in strengthening economic cooperation, at a time when Mozambique is seeking to attract more foreign investment to boost industrialisation and job creation.
Photo: Presidency
Source: AIM Moçambique
