China and Mozambique will be signing more than 10 cooperation agreements that are expected to boost China’s investments in the African country, which totaled $607 million in 2010.
Citing diplomatic sources, a Mozambican state newspaper reported the following among the agreements that will be signed:
Technical and economic cooperation worth around $7.6 million.
Financial cooperation with the China Development Bank.
Cooperation in the area of small and medium-sized enterprises.
Construction of a port facility and a railway by the China Kingho Group.
A memorandum of understanding with the International Chinese Centre for Reducing Poverty.
Sending of technical staff to Mozambique to assess the construction and refurbishing of five schools and the construction of a factory that will repair Chinese-donated buses.
Drilling of two boreholes.
Two biogas projects.
Some of the agreements will support the establishment of the Chinese-Mozambican Kingho Centre that aims to reduce poverty.
The signing of the agreement will be part of Mozambican President Armando Guebuza’s state visit to Beijing that began Aug. 9.
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