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Cape Verde’s Technology Park inaugurated

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The new technological park near Cape Verde’s capital, Praia, opened this month after six years of work. Situated in the vicinity of the Nelson Mandela Airport, the new technological park lies at the heart of the government’s digital strategy

The new technological park near Cape Verde’s capital, Praia, opened this month after six years of work. Situated in the vicinity of the Nelson Mandela Airport, the new technological park lies at the heart of the government’s digital strategy.

The area where the technological park is located has been declared a “Free Zone”. Companies located here can benefit from tax breaks and other incentives. So far, the government has invested 50 million euros in this project and more is planned for the years to come.

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The project involves the construction and creation of a Data center, Business centre, Incubation centre, and Training and Qualification centre with ICT facilities. It will support innovation that would foster inclusive and green growth. The project will contribute significantly to other sectors of the country’s economy such as education, manufacturing, and services. The Park will be located in Praia in an area of 8 hectares which is about 3 kilometers from the Praia International Airport.