“We have projects that will be discussed here related to agriculture, to finance agricultural activity. We have projects to finance the energy sector. As you know, Mozambique is a significant hub for the region and the continent, particularly in its various capabilities, so the energy sector is prioritized for us to achieve dynamization,” said the vice-president of Mozambique’s Confederation of Economic Associations (CTA), Onório Manuel.
The official spoke on the sidelines of the XX CASP, which began Wednesday in Maputo and will continue for two more days, with the agenda including projects valued at 1.5 billion dollars (1.288 billion euros), primarily in productive areas.
“We have the industrialization sector. The fact that the country depends on imports provides the opportunity for national and foreign investments to establish their industries first to support the domestic market. However, not only considering the domestic market, Mozambique’s strategically well-positioned geographic location allows it to produce and serve the region with over 400 million people,” said Onório Manuel.
According to the CTA, which organizes CASP annually with the Mozambican government, the event is considered the largest public-private dialogue and business event in Mozambique. Projects related to tourism and logistics are also being discussed, and these business initiatives will benefit national Micro, Small, and Medium Enterprises, generating jobs, especially for young people.
“We want to ensure that there are projects in the digitization process. We understand that to compete, costs must be reduced and procedures simplified. One of the critical competitiveness factors lies in more modern, technological mechanisms to produce and deliver services efficiently. We want to finance projects with this digital transformation capacity,” said the vice-president of the CTA.
He emphasized that by prioritizing projects in these sectors, business leaders want to ensure Mozambicans are involved in projects addressing current challenges: unemployment and economic slowdown – as companies are much less productive and sustainable.
The CTA is also evaluating the results of projects discussed at the XIX edition of CASP, in May 2024, which were valued at around 1.2 billion dollars.
The 2025 CAST, with thematic panels and bilateral and business meetings, is held under the theme “Reform to Compete: Paths to Economic Relaunch,” with over 2,000 participants, 40 speakers, and 80 exhibitors participating in the Mozambique Home Expo. This exhibition, held alongside CASP, aims to stimulate access to affordable housing.
