Chinese businesspeople from Yiwu, Zhejiang province take part in seminar in Maputo, Mozambique

2 July 2010

Maputo, Mozambique, 2 July – A delegation of 32 people, including 25 businesspeople from the city of Yiwu in China’s Zhejiang province, is taking part Friday in a seminar on business opportunities in Mozambique, a source from the Mozambican Centre for Investment Promotion (CPI) told Macauhub.

According to Evaristo Cumbane, of the CPI, during the seminar there will be a presentation on the business climate and opportunities in Mozambique.

The programme will also include talks by representatives of the Confederation of Economic Associations of Mozambique (CTA), the China International Contractors Association (Chinca) and the Industrial and Commercial Bank of China, amongst others.

Cumbane also told Macauhub that, during their visit to Mozambique the Chinese businesspeople would visit Nampula province in the north of the country.

The Chinese delegation is made up of businesspeople from several sectors although the construction and public works sector has the most representation.

The companies from the construction sector that are part of the delegation are the Shanghai Construction Group, Beijing Construction Engineering Group International, China Road & Bridge Corporation (CRBC), China Civil Engineering Construction Corporation (CCECC), China Railway Group Limited (CREC), CGGC International, China Gszhouba (Group) Corporation (CGGC), CITIC Construction Co, Ltd, amongst others.

China, which is amongst the top ten investors in Mozambique, takes an active role in building infrastructures in the country and is currently in charge of the expansion and modernisation of Maputo International Airport, construction of the country’s national stadium, rebuilding water supply systems in several Mozambican cities and reconstruction of a section of National Road 1 linking the south, centre and north of the country.

The Chinese business mission to Mozambique is taking place not long after a visit to China by Mozambique’s prime minister, Aires Ali.

Several business missions have visited Mozambique this year, including those from China, Japan, Brazil and Portugal. (macauhub)