Mozambique: Incubator extends access to financial services
From left: Luísa Diogo (Chairperson), Cadmiel Muthemba (President of the General Assembly) and Adrian Frey (Managing Director)
Beluluane Industrial Park welcomed Luísa Diogo as their new Chairperson, marking a new era for its leadership. Also joining the board is Cadmiel Muthemba, who has been elected president of the General Assembly. Adrian Frey has been appointed Managing Director and the other board members include Gregor Binkert, Evaristo Madime, Belarmina Capitine, Gil Bires and Pires Sengo. Vitor Timóteo has been appointed Vice-President of the General Assembly and Nirza Ó da Silva will be performing the role of Secretary. Herculano Nhacudima will be representing the company as Sole Auditor.
Together, these individuals will bring a wealth of experience and expertise in strategic business management to Beluluane Industrial Park – Mozambique’s biggest industrial park and free-trade zone. The park was established in 2000 as a Public-Private-Partnership between the Mozambican Government Agency for Investment & Export Promotion (APIEX) and Swiss-Mozambican investors. It is strategically situated in Maputo Province’s Boane district and sits in the heart of the Maputo Development Corridor, offering investors easy access to the Southern African, European and Eastern markets.
Beluluane Industrial Park enjoys access to a large labour market of 2.5 million people living in the Maputo and Matola metropolitans and is positioned around the Mozal Aluminium smelter. Together, they represent almost 30% of industrial employment in the Maputo Province and approximately 10% on a national scale. The park currently hosts 40 companies and has created over 5000 jobs in the Maputo Province. At the signing event, Frey commented that the park would attract as many as 500 new businesses, potentially creating more than 50 000 new jobs.
About Luísa Diogo
Luísa Diogo was the first female Prime Minister of Mozambique (2004-2010). Prior to that, she served as Minister of Planning and Finance for five years. She also served as Advisor to the Secretary General of the United Nations and was recognised by Times Magazine as one of the hundred most Influential people in the World in 2014. Forbes Magazine also named her one of the hundred most powerful women in the World
About Cadmiel Muthemba
Cadmiel Muthemba occupied a number of esteemed positions during his career, amongst which the Governor of Tete (1987-1995) is one of many. Between 1995 and 1997, he was the secretary of the Central Committee of Frelimo and he also served as Minister of Fisheries until 2004. During the period of President Armando Guebuza (2005-2015), Muthemba held the position of Minister of Public Works and Housing.
About Adrian Frey
Adrian Frey is a board member and also the Managing Director of Beluluane Industrial Park. Adrian was born in Switzerland and holds a Law Degree from the University of Zürich. He has spent the last 20 years living in Mozambique where he has built a Swiss-Mozambican Investment company. He is the owner of Club of Mozambique and also currently serves as the president of the MozambicanSwiss Chamber of Commerce. Adrian is also a board member of the European Business Club.Source: Beluluane Industrial Park - Press Release
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