South African investor may build packaging factory in Mozambique

10 September 2010

Maputo, Mozambique, 10 Sept – A new plastic and glass packaging factory may be built in Mozambique is negotiations underway are successful, Madina Ismail of the Institute for Promotion of Small and Medium-sized Companies (Ipeme) said in Maputo.

According to Mozambican state daily newspaper, Notícias, Ismail, coordinator of the Directorate for Technical Development and Productivity of Ipeme, said that the deal involved a South African investor that had shown interest in setting up a packaging factory in Mozambique for some time now.

The low quality of packaging used by companies in Mozambique is usually pointed out as one of the reasons for the lack of competitiveness of Mozambican products on the market.

“The investor has already travelled to the country twice and Ipeme has put him in contact with Mozambican businesspeople interested in this area in order to assess the possibility of a partnership,” she said.

Ismail also said that the factory would initially focus on making plastic packaging for juices and jams, but later could expand its range to glass packaging. (macauhub)