Portuguese consortium and Mozambican company plan to operate in IT sector

23 October 2013

A consortium made up of Portuguese companies MeiosTec and CiNet in 2014 plans to establish a partnership with Mozambican consulting company MD, said Luís Pereira, the chief executive of MeiosTec.

“MeiosTec and CiNet decided this year to enter Mozambique, similarly to Angola and Cape Verde, finding support from a local partner [MD Consultores], and the move will be made next year,” he told Portuguese new agency Lusa.

Founded in 1997, MeiosTec is a company that integrates engineering services into the Information Technology sector, whilst CilNet, founded in 2000, is an engineering company that provides services to the IT sector.

MD Consultores, which was set up in 2001, is a Mozambican company specialised in providing consultancy, company management and administration services in general, as well as information systems management services.

In 2013 Mozambique is expected to have one of the biggest rates of growth in terms of investment in Information and Communication Technology – 14.2 percent compared to overall growth of 6 percent and of 12.8 percent in emerging economies. (macauhub)