International Business Centre of Cabo Verde is about to open its doors

17 November 2017

The International Business Centre (CIN) of Cabo Verde (Cape Verde) is about to come into operation, requiring only official approval and publication of the respective diplomas, announced on Thursday in Mindelo the minister of the economy and employment.

Minister José Gonçalves was opening the 21st edition of the International Fair of Cabo Verde, an event on until Sunday that is hosting about 100 exhibitors from Cabo Verde, Portugal, Brazil and China, under the motto “Cabo Verde, the hub for West Africa.”

The CIN, with legislation dating back to 2011, but which “remained inoperative” until its recent regulation, according to the minister is intended to play a “vital role” in the promotion of industry, commerce and services for export, according to Cape Verdean news agency Inforpress.

Referring to the FIC, Gonçalves said that growth in the number of exhibitors shows, “the importance of the exhibition,” but also said it was necessary to find more space to meet the growing demand from exhibitors and visitors.

He added that this means the government and the private sector need to find a joint solution to meet the dynamics of the market, which will “certainly be considered” within the initiative to make São Vicente a Special Economic Zone for the maritime economy, in the study phase.

The event’s organisers estimate 10,000 people will visit this year’s edition of FIC, a multi-sector fair which is the largest annual international business event in Cabo Verde. (macauhub)