Moza lures Brazilians

people representing 60 Brazilian companies at the Maputo business seminar.
The gathering involves the areas of food, drinking, medical and surgical equipment, information technology, automation, electricity, infrastructure and mining.
According to Sambo, there are investment opportunities in the Maputo, Limpopo, Beira, Nacala and Pemba-Lichinga road and rail corridors.
“In all of these corridors, there are agro-ecological conditions appropriate for agricultural and livestock production, including the production of vegetables, fruit, sugar, beans, maize, sesame, chickens and eggs,” he said.
Mozambique has well-defined agro-ecological zones, but the country must produce more to supply its people, who sometimes face food shortages.
“We have to reverse this situation if we want to fight against poverty and transform the country into a major producer,” Sambo said.
Those who want to invest in grain production should look at the central provinces of Sofala, Zambezia, Manica and Tete, he suggested.
For cassava, which is resistant to drought, investors must look at Zambezia, the northern province of Nampula and the southern region of Inhambane, according to the official.
Investors can also grow fruits, vegetables and potatoes in Sofala, the northwestern province of Tete, Zambezia, Nampula and the northern province of Cabo Delgado, he added.
Investors are also urged to engage in processing, packaging and cold storage businesses.
The best areas for producing oil seeds were identified as the central provinces of Manica, Sofala and Tete, while in livestock, the areas with greatest potential were listed as the southern provinces of Maputo, Gaza and Inhambane, plus Manica, Tete and Zambezia.
The chairperson of the Confederation of Mozambican Business Associations (CTA), Rogerio Manuel, told the seminar that among the advantages of investing in Mozambique are the good business environment, the country’s strategic location, its abundance of mineral resources and its free access to the United States, the European Union and the Southern African Development Community (SADC) markets.For his part, the chairperson of the Brazil-Mozambique Chamber of Commerce, Industry and Agriculture, Rogerio Samo Gudo, said the demand by Brazilian businesses for investment opportunities has been growing. The same can be said for Mozambican business people, who are seeking partnership with Brazilians because of the latters’ experience and technical know-how.The business seminar is part of a Brazil-Mozambique week being held on Nov. 10-17. November. — Xinhua.