MozParks participates in Korea-Africa Summit to promote business and investment opportunities in Mozambique

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MozParks participates in Korea-Africa Summit to promote business and investment opportunities in Mozambique

5:08 CAT | 07 Jun 2024

Photo: MozParks

The Managing Director of MozParks, Onorio Manuel, attended the prestigious 2024 Korea–Africa Business Summit in Korea this week. As part of the Mozambican business mission organized by the Chamber of Commerce of Mozambique and led by the President of Mozambique Filipe Jacinto Nyusi, MozParks was represented on an international stage aimed at fostering economic cooperation and development between Korea and Africa.

The 2024 Summit was a grand-scale economic event that brought together major government officials, business leaders, and economic experts. The agenda covered crucial topics such as industrial development, trade expansion, food and mineral security, and climate change response, all of which are mutual interests to Korea and Africa.

MozParks’ participation in the summit underscored the company’s commitment to sustainable industrial development and international investment. The event was highlighted by the signing of a Memorandum of Understanding (MoU) between the Korea Chamber of Commerce & Industry and the Mozambique Chamber of Commerce, witnessed by MozParks alongside H.E. Silvino Moreno, Minister of Trade and Industry and Alvaro Massingue, President of Mozambique Chamber of Commerce. Following the signing of the MoU, South Korea has pledged to disburse one billion dollars to finance development projects in Mozambique.

Africakoronoriom.mozparks

Onorio Manuel’s participation in the Korea–Africa Business Summit follows his recent engagements at the U.S.-Africa Business Summit in Dallas, Texas, and the Africa CEO Forum in Kigali, Rwanda, both held in May. MozParks remains dedicated to positioning Mozambique as a premier destination for investment and business opportunities, continuing its mission to drive sustainable development and international cooperation.

About MozParks

MozParks is a developer and operator of Sustainable Economic Zones, established as a public-private partnership between the Mozambican Government Agency for Investment and Export Promotion (APIEX) and Swiss-Mozambican investors. As the only industrial park operator in Mozambique, MozParks manages parks in Beluluane and Nampula, with plans for expansion into Cabo Delgado province. To date, MozParks has attracted over 50 companies from 18 countries, securing over USD 3 billion in investments at the Beluluane park in Maputo province.

For more information about MozParks and its initiatives please visit the website.

Source: MozParks /Press Release