HOW BELULUANE INDUSTRIAL PARK CONTRIBUTE US$900M TO MOZAMBIQUE GDP

The 52 companies located in the Beluluane Industrial Park, under the management of MozParks, in Boane district, Maputo province, contribute around US$900 million to Mozambique’s gross domestic product (GDP).

They include companies from 17 countries, including the United States of America (USA), Pakistan, India, South Africa, Portugal and Tanzania, most of which operate in the Mozal aluminium value chain.

Domingo has learned that Mozal produces around 500,000 tons of aluminium per year, a significant part of which is used locally by Midal Cables Internacional, producer of electrical cables.

Some of the aluminium is also absorbed locally by the metalworking sector for the production of industrial accessories to supply companies located in the park.

The park also houses factories in the agro-processing sector, with emphasis on cashew nuts, plus others producing tubes for oil and gas piping, while another segment provides catering services.

Onório Boane, general director at MozParks, explained that some of the companies located in Beluluane operate under the Industrial Free Zone regime and are anchored to Mozal.

Altogether, the 52 companies are responsible for creating around 10,000 jobs, of which 5,000 are directly linked to the Mozal project and the remainder performing functions in industries with no direct connection to the anchor company.

Boane also notes that around US$3.2 billion was invested in the design of Beluluane Industrial Park, with Mozal contributing more than US$2 billion

SOURCE  ClubOfMozambique