Mozambique: Business conditions worsen in November - Standard Bank PMI
Photo: Notícias
The 54th edition of the Maputo International Fair (FACIM 2018), the largest business expo in Mozambique and this year boasting the participation of 28 countries, will be opened by Prime Minister Carlos Agostinho do Rosário in Ricatla, Marracuene district, today.
The 2018 edition, which runs all week long until Sunday, September 2, is held under the motto “Mozambique and the world: Expanding the market, promoting investment and potential partnerships.”
Nearly 95,000 thousand people are expected to visit the fair over the next seven days, Director General of the Agency for the Promotion of Investment and Exports (APIEX) Lourenço Sambo has said.
Yesterday at the expo premises, exhibitors were putting the last touches to their stands, especially domestic exhibitors who see the fair as an opportunity to showcase their production and export potential and establish partnerships with Mozambicans and foreigners alike.
Lourenço Sambo said that it was up to APIEX to facilitate and promote public and private investment and exports and, above all, to create business opportunities for small and medium-sized companies.
The greatest challenge facing the Mozambican economy in the five-year period about to end was to create jobs, with SMEs being one of the most looked-to segments in that regard. Sambo also said that, between 2015 and 2018, there had been an increase in participation by domestic and foreign companies.
Another innovation visitors to FACIM 2018 will notice is the week-long cultural component.
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