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Mozambique: Cabo Delgado Parks launch – Photos
4:45 CAT | 29 Nov 2022
Four industrial parks in the Montepuez, Balama, Ancuabe and Palma districts, known as Cabo Delgado Parks (CD Parks), will form a hub for industrial and social development in the province.
CD Parks is a joint initiative between the Cabo Delgado Provincial Executive Council, represented by the Cabo Delgado Economic Development Promotion centre (CPDE), who are the owners of the industrial parks, and MozParks, a private-public company that will be developing and operating them.
Yesterday the governor of Cabo Delgado, Valige Tauabo unveiled the project at the launching ceremony in Pemba.
“Starting from 2023 these four industrial parks will bring together 300 local and international companies and create more than 20,000 jobs in the next 5 years”, said the Governor. “This project will encourage the local private sector to explore business opportunities in creating supply chains of goods and services linked to the large companies in extractive industries.
Each park will be linked to an anchor, a giant industrial enterprise, that welcomes creating local supply chains, seeing it as a positive impact to its core business. Mozparks has already developed similar models with Mozal in Beluluane and Kenmare in Topuito.
CD Parks will offer a safe business environment with a developed infrastructure, industrial and residential real estate premisses, one-stop solution support for local and international investors, business facilities and training programmes for employees.
General Director at MozParks, Onorio Manuel, emphasised that developing sustainable circular economies is high on the company’s agenda. “At the CD Parks we are aiming to manufacture and use biofuel and encourage carbon reduction in our industrial activities,” he added.
READ: MozParks Youth Employment Programme celebrates first graduates in Cabo Delgado
MozParks develops, operates and invests in industrial parks, agro-parks, and special economic zones in Mozambique. It is a public-private partnership between the Mozambican Government Agency for Investment & Export Promotion (APIEX) and private international investors. MozParks owns the largest industrial parks in Mozambique with the free-trade zone status. It also offers attractive exemptions on customs and tax duties approved by the Mozambican government.
For more information please visit https://mozparks.co.mz/
Or contact: [email protected]
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