Rovuma LNG to open three Business Development Centres in Mozambique

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Rovuma LNG to open three Business Development Centres in Mozambique

2:04 CAT | 28 Jan 2020

File photo: Mozambique Rovuma Venture / Linkedin

The Mozambique Rovuma Venture natural gas exploitation consortium is to create three business development centres (BDCs) to help Mozambican companies qualify for inclusion on their supplier lists, it was announced on Monday.

“The centres will be platforms for developing qualified and competitive Mozambican companies that can support a variety of growing sectors in the country, such as the extractive sector,” the Rovuma basin Area 4 partners say.

The centres, in Maputo, Pemba and Palma, will be opened in collaboration with the Government of Mozambique and the private sector, in an investment estimated at around €2.7 million.

The Maputo centre will be opened in the first half of this year, and the rest after the consortium’s final investment decision is announced.

“We are committed to prioritising the demand for local goods and services for the Rovuma LNG project,” the statement quotes Jos Evens, Lead Country Manager ExxonMobil Mozambique, as saying.

Each centre will “assess the capabilities of local suppliers and prepare them to compete at national and international levels,” Evens explains.

Mozambican companies will receive individual performance reviews and will be given practical training recommendations.

The exploitation of natural gas off northern Mozambique, which will start in 2022 and grow over the following years, is expected to place the country in the ‘top 10’ of world exporters, boosting the country’s economic growth rate.

The combined investment of all projects under construction in the Cabo Delgado region is the largest private investment underway in Africa and is expected to amount to around €45 billion.

Source: Lusa