Mozambique: Nacala Economic Zone must focus on drawing investment

24 July 2008

Maputo, Mozambique, 24 July – The strategy of the Nacala Economic Zone should center on attracting national and overseas investment, Prime Minister Luísa Diogo said Thursday.

Mozambique’s prime mister said the Nacala Economic Zone should also consider strengthening exports, developing an infrastructures network and boosting employment for Mozambicans.

Diogo was speaking at the appointment of heads of various state bodies, including the chief of the Office for Economic Zone of Rapid Development (GAZEDA), Danilo Mussa Nala, who said his office was tasked with overseeing the development of special economic zone and free zones across Mozambique.

Mozambique’s prime minister noted Mussa Nala was responsible for coordinating and developing infrastructure projects from scratch, “such as the rescaling and enlargement of the port of Nacala, converting the Nacala Military Airport and rebuilding the railway straddling the Nacala Development Corridor, including spurs linking neighboring states like Malawi, Zambia, Tanzania and the Democratic Republic of Congo.

GAZEDA, set up by the Maputo government to attract more investment to Mozambique, is responsible for promoting and coordinating all activity relating to the creation and development of Industrial Free Zones. (macauhub)