[2019-10-16] Mozambican government to consider proposal to create Chimoio Special Economic Zone soon

Source: Macauhub

The proposal to create the Chimoio Special Economic Zone (ZEEC), in Manica province, central Mozambique, will soon be submitted to the Council of Ministers, said the national director of industry, Mateus Matusse, quoted by daily newspaper Notícias.

Speaking recently at a meeting held in that city to present and discuss the proposal, Matusse said the ZEEC will create many jobs, as it will re-launch industrial units that have been at a standstill and encourage new domestic and foreign investments.

Among the companies that could be revitalised is Textáfrica, a textile factory that has not been operational for about 20 years and which employed more than 1,000 workers.

During the meeting, which was promoted by the Investment and Export Promotion Agency (Apiex), Mateus Matusse said that a technical office will be set up in Chimoio to analyse and grant licenses to projects in the special economic zone.

The creation of a Special Economic Zone in Chimoio was proposed by the President of the Republic, Filipe Nyusi, and, more recently, the Prime Minister, Carlos Agostinho do Rosario, met with the workers of Textáfrica to convey the desire to make Chimoio into an industrial and commercial city in the short and medium term.