APIEX to promote Mozambique Airports projects

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APIEX to promote Mozambique Airports projects

12:39 CAT | 06 Sep 2017

Macauhub (File photo) / Nacala airport

The Agency for the Promotion of Investments and Exports (APIEX) will promote all Mozambique Airports (Aeroportos de Mocambique, AdM) projects nationally and internationally, following the signing yesterday of a memorandum of understanding by the Chairman of the Board of Directors (PCA) of ADM, Emanuel Chaves, and the Director General of APIEX, Lourenço Sambo.

Speaking at the end of the ceremony, Chaves said that the signing was an important milestone for Mozambican Airports, as it would guarantee its projects world exposure.

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“We have just signed one of the main pillars for the success of the company. The company has embraced a line of business that needs a lot of promotion and the Mozambican house of investment promotion is here,” said Chaves, adding that “closing this partnership presumes seeking the synergies that can be made available by APIEX to promote our projects”.

He added that the development would also help ADM balance its revenues.

“We have airport land available for investments in various areas and these investments will generate new sources of revenue that will balance the accounts that ADM currently has because of investments in recent years,” he said.

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The memorandum signed yesterday would accelerate the process of seeking investors for the company’s projects, Chaves said, highlighting the construction of airport cities across the country as one of AdM flagship projects.

“We will be able to promote our projects in various parts of the world without having to travel, and this will allow us to achieve our dream of building modern and innovative airport cities at several airports,” he said.

The APIEX director general said that the institution would continue to seek partners for airport management.

The Agency for the Promotion of Investments and Exports was created recently from the merger of the Investment Promotion Centre (CPI), the Office of Economic Zones for Accelerated Development (Gazeda) and the Institute for the Promotion of Exports (IPEX).

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Source: AIM Moçambique