Mozambique: CTA attends CAVAME-d conference focused on investment opportunities and local content

• Today’s CAVAME-de programme includes the participation of CTA Vice-President Onório Manuel in one of the panels, where he will address the topic “Investment Incentives and the Industrialisation of Mineral Resources in Mozambique”.

The Confederation of Economic Associations of Mozambique (CTA) is participating in the Conference on Value Addition Based on Available Minerals and Energy Resources (CAVAME-d), which began on Monday, 19 October, in Nacala, Nampula province.

The CTA delegation is led by its President, Álvaro Massingue, and includes representatives from the portfolios of natural resources, tourism, air transport, entrepreneurship, financial services and insurance, fiscal and customs policy, private security, and infrastructure.

In his opening speech, Minister of Mineral Resources and Energy Estevão Pale highlighted the importance of the event, stressing that the initiative enables businesspeople and public institutions to establish contacts. He urged the businesspeople and investors present to take advantage of the opportunities available to them.

Nampula Governor Eduardo Mariamo Abdula welcomed the presence of members of the government, his counterparts and the CTA leadership, noting that their attendance reinforces the importance of institutional coordination in identifying solutions and promoting initiatives capable of boosting the provincial economy.

According to the event’s ambassador, Esperança Macovela, CAVAME-d provides a strategic opportunity to discuss the province’s potential, learn about the availability of resources and identify concrete business opportunities.

Segmented presentation of opportunities

Speaking to the media, CTA President Álvaro Massingue welcomed the initiative of the Ministry of Mineral Resources and Energy, highlighting the segmented way in which opportunities were presented, with representation from different sectors of activity. In his view, this approach is a gain for the private sector, particularly in a context in which local content remains a concern for national businesspeople seeking greater participation in the value chains of major projects.

It should be noted that the private sector is represented on the discussion panels dedicated to mining, aviation and local content, strategic areas for expanding business activity and strengthening the participation of Mozambican companies in investments made in the country.

Today’s programme includes the participation of CTA Vice-President Onório Manuel in one of the panels, where he will address the topic “Investment Incentives and the Industrialisation of Mineral Resources in Mozambique”.

Source: CTA / Press Release