United Arab Emirates strengthens its presence in Mozambique
Picture: Presidencia da Republica de Moçambique
Mozambican companies should focus on certifying the quality of their products and services and ensuring the regularity and reliability of their supply, because only then can they compete in the international market, the President of Mozambique said on Monday.
Speaking to the business people attending the opening ceremony of the 55th edition of the Maputo International Fair (FACIM, designation of the former Agricultural, Commercial and Industrial Fair of Mozambique), Filipe Nyusi said that Mozambican companies should boost the movement for substituting imports for national production, with a view to accelerating the country’s economic growth.
On the occasion, the Head of State acknowledged that, despite the difficulties, Mozambican production continues to grow, demonstrated by exports that in 2018 reached over US$5 billion.
The President also participated in a prize-giving ceremony for Mozambican companies that most stood out in the export of products in 2018, according to the AIM news agency.
Among the awarded companies were Vale Moçambique, in the category of major projects, Mozambique Leaf Tobacco, as the largest exporter of agricultural products, Pescamar, in the fishing sector, Kenmare Moma Processing Lda, in the mining area and Merec Industries Lda, industry.
The 55th edition of the Maputo International Fair runs from Monday to Sunday, 1 September, with the participation of 22 countries represented by 650 companies, of which 450 are national and 200 foreign, and close to 2,000 exhibitors.Source: Macauhub