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Beluluane Industrial Park and Club of Mozambique have signed a Memorandum of Understanding with the recently established Mozambican Federation of Chambers of Commerce (FMCC).
The parties have agreed that it is essential to promote and defend the interests of the private sector, represented through Chambers of Commerce and business associations in Mozambique. The MoU provides for the development of the FMCC as a federation that brings together and represents the interests of its affiliated companies and the various bilateral chambers of commerce established in the country.
The FMCC, which is currently being developed as a project, has the general objective of contributing to and promoting the sustainable growth of the Mozambican economy, strengthening and sustaining entrepreneurship and contributing to the development of an economy based on private sector, national and foreign participation.
The FMCC brings together a number of bilateral Chambers of Commerce, such as the United States of America, Switzerland, Brazil, Portugal, Italy, South Africa, Saudi Arabia and France. The Chamber of Customs Brokers and the Young Entrepreneurs Association are also members of the FMCC.
According to Beluluane Industrial Park Managing Director, Adrian Frey, both Beluluane Industrial Park and Club of Mozambique wish to position themselves as a mechanism to support this entity, strengthening its capacity to respond to the needs of its members and to champion the interests of the countries concerned.
Beluluane Industrial Park believes that associations and federations are the best way to improve the business environment in Mozambique.
“This agreement gives structure to the desire of a group of institutions that has come together for the same purpose, which is the improvement of the business environment and the positioning of the private sector. We believe that this federation will make a difference,” Evaristo Madime, President of FMCC, said.
Club of Mozambique and Beluluane Industrial Park are positioning themselves as strategic partners of the new Federation, providing material and financial resources to support its consolidation, promotion and delivery.
Source: Press Release / FMCC
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Companies situated in Beluluane Industrial Park will benefit from more stable power supply and an increased power capacity as result of a second power transformer, which was recently installed at the Beluluane Industrial Park substation. Upgrades to the substation has doubled its transformer capacity from 20 MVA to 40 MVA. The substation’s transmission capacity has furthermore increased from 38 MVA to 120 MVA as a result of the new transmission line connecting Infulene to Beluluane Industrial Park.
According to Onório Manuel, Deputy General Manager of Beluluane Industrial Park, the purpose of these improvements is to develop infrastructure that can support future developments and the arrival of more investors.
“We want to be prepared to host all kinds of industries including light, heavy and downstream aluminum. We therefore improved our energy capacity to be able to receive new investors and enable the existing ones to increase their productivity,” he said.
The expansion of the Beluluane power substation will see further developments as the next phases include the installation of another power transformer. This is will increase its capacity to 80MW.
A site visit took place on 6 June between Beluluane Industrial Park management, representatives of Beluluane park companies and Mozambique’s state-owned electricity utility, Electricidade de Moçambique. EDM presented an update regarding power management and supply to the companies situated in Beluluane Industrial Park.
Neves Xavier, Maputo Province Director of Electricidade de Moçambique, said after the visit that this improvement will stabilise the power supply system and address the challenges that park companies have been facing in terms of power consumption.
Onório Manuel added: “This is a historic moment. Since the establishment of the park, our goal has been to attract more companies. The ability to provide more and better quality power is therefore an advantage to that end.”
Beluluane Industrial Park is a Public-Private initiative by APIEX (Agência Para a Promoção de Investimento e Exportações) and Swiss-Mozambican investors. The park is home to 35 companies from more than 15 different countries and currently employs more than 5000 people.
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