China to establish an IT industrial park in Mozambique

24 October 2006

Beijing, China, Oct. 24 – China will establish the first IT industrial park for Mozambique in 2007 in response to increased Chinese investment in Africa, an official said in Beijing Monday.

The Deputy-Chairman of the China-Africa Business Council (CABC), Xie Boyang said that China would boost investment in Mozambique and planned to establish the first “Chinese” IT industrial park in Mozambique next year.

Speaking on the sidelines of the Representatives Conference of the China-Africa Business Council, which was hosted Monday in Beijing, Xie said that, in order to respond to the formal request from the Mozambique government, China would set up a “Chinese” IT industrial park in 2007 in Mozambique, which would be the first such park established by China in Africa and also Mozambique’s first industrial park.

He added that as well as the Mozambique IT industrial park, China would set up a textile industrial park in Calabar, Nigeria, especially to support Chinese enterprises in the sector investing in the country.

Xie said that African countries had frequently asked China to strengthen Chinese investment in Africa in recent times and that China had set up over 20 agricultural “Baoding Village” projects which are organized in the operating style of Baoding city, in China’s Hebei province. (macauhub)