Brazilian businesspeople travel to Mozambique seeking business opportunities

25 July 2011

Maputo, Mozambique, 25 July – A mission of Brazilian businesspeople is in Mozambique seeking business opportunities and to establish partnerships in several economic sectors, the Mozambican press reported.

According to the newspapers, the Brazilian ambassador to Mozambique, António José Maria de Sousa e Silva, said that Brazilian businesspeople plan to contact their Mozambican counterparts for potential cooperation in areas of mutual interest.

According to the diplomat, the main areas of interest for the Brazilian delegation, include professional training, construction, energy and electrical equipment, amongst others.

The Brazilian businesspeople have travelled to Mozambique at a time when another edition of the Maputo International Fair (Facim) is being prepared and this is a great opportunity to identify the business potential for both sides.

At least 40 Brazilian businesspeople took part in Facim last year.

The 47th edition, which is due to begin on 29 August and end on 4 September, is expected to be attended by a significant number of Brazilian businesspeople, the ambassador said.

Over the last few years Brazilian investment in Brazil has increased substantially, notably by mining group Vale, which was granted a coal mining concession in Tete province. (macauhub)