BIP and Club of Mozambique support FMCC

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BIP and Club of Mozambique support FMCC

1:23 CAT | 19 Jun 2019

Evaristo Madime, President of FMCC (left) and Managing Director of Beluluane Industrial Park, Adrian Frey. [Photo: Supplied]

Beluluane Industrial Park (BIP) and Club of Mozambique have signed a Memorandum of Understanding with the recently constituted Mozambican Federation of Chambers of Commerce (FMCC).

The parties have agreed that it is essential to promote and defend the interests of the private sector, represented through Chambers of Commerce and business associations in Mozambique. The MoU provides for the development of the FMCC as a federation that brings together and represents the interests of its affiliated companies and the various bilateral chambers of commerce established in the country.

The FMCC, which is currently being developed as a project, has the general objective of contributing to and promoting the sustainable growth of the Mozambican economy, strengthening and sustaining entrepreneurship and contributing to the development of an economy based on private sector, national and foreign participation.

The FMCC brings together a number of bilateral Chambers of Commerce, such as the United States of America, Switzerland, Brazil, Portugal, Italy, South Africa,Saudi Arabia and France. The Chamber of Customs Brokers and the Young Entrepreneurs Association are also members of the FMCC.

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According to Beluluane Industrial Park Managing Director, Adrian Frey, both BIP and Club of Mozambique wish to position themselves as a mechanism to support this entity, strengthening its capacity to respond to the needs of its members and to champion the interests of the countries concerned. BIP believes that associations and federations are the best way to improve the business environment in Mozambique.

“This agreement gives structure to the desire of a group of institutions that has come together for the same purpose, which is the improvement of the business environment and the positioning of the private sector. We believe that this federation will make a difference,” Evaristo Madime, President of FMCC, said.

Club of Mozambique and the BIP are positioning themselves as strategic partners of the new Federation, providing material and financial resources to support its consolidation, promotion and delivery.

Source: FMCC