Spanish Companies gain Momentum in MOZ Market

Representatives of 35 Spanish companies arrived last week in Maputo in search of business opportunities. In particular, the companies are interested in energy, water treatment, airports, roads and rail. The delegation – including representatives of the newly formed Spanish Chamber of Commerce in Southern Africa headed by Enrique Manzanares and Paula Mora – participated in a meeting with Mozambican businesses seeking partnerships. The event was organised by the Spanish Embassy in Maputo. A source in the Embassy told the daily newspaper “Noticias” that the delegation seeks to boost the Spanish presence in Mozambique, with world leading companies sending representatives on the trip.

The source stated that the world’s top three companies in the management of transport infrastructure projects are Spanish. In addition, the Spanish rail sector is present in five continents, with Spain’s high-speed rail network the second largest in the world. The country is also a world leader in logistics, oil refining, finance, security, biotechnology, the environment, water treatment, aerospace, naval technology, information and communications, sanitation and electronic governance.

According to the Spanish Embassy, major projects that are planned for electrification, tourism and agro-business make Mozambique an economy of huge interest. The Spanish government is to support its companies through a credit line of 75 million euros (102 million US dollars). Interested investors may contact the Spanish Chamber via “ Chamber of Commerce in Southern Africa)”

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