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GCIS: The dti invites companies to participate in the Trade and Investment Mission to Mozambique

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GCIS: The dti invites companies to participate in the Trade and Investment Mission to Mozambique

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Minister of Trade and Industry Rob Davies

14th March 2017

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The Department of Trade and Industry (the dti) invites companies to apply for participation in the Trade and Investment Mission to Mozambique that will take place from 22-26 May 2017. Companies in the sectors of Agriculture, Infrastructure, Electro-technical, Steel fabrication and Mining and Capital Equipment are encouraged to apply to the department by 22 March 2017.

The Minister of Trade and Industry, Dr Rob Davies says the mission is part of the department’s strategy to increase trade between South Africa and Mozambique.

“The objective of this mission is to increase trade and investment between South Africa and Mozambique. It is an ideal platform for South African companies who would like to export value added products and services, and for companies who are looking for investment opportunities in Mozambique,” says Minister Davies.

He adds that South Africa has become the main trading partner for Mozambique and the relations between the two countries are very cordial as evidenced by the growing bilateral trade which currently totals R42.04 billion.

According to Minister Davies, the cordial relations between these two countries are reinforced by the growing ties in trade, investment, tourism, migration and security.

Companies that are willing to participate will be funded through the Export Marketing and Investment Assistance (EMIA) scheme and will be screened according to the EMIA guidelines. the dti has already assisted hundreds of businesses through the EMIA scheme, which develops export markets for South African products and services and recruits new foreign direct investment into South Africa.

the dti encourages companies that do not qualify for funding to also participate at their own cost. More information can be obtained from www.thedti.gov.za

 

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