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The round table was led by Valige Tauabo, Governor of Cabo Delgado Province. Joining him were Silvino Moreno, Minister of Industry and Commerce, and Moisés Paulino, National Director of Hydrocarbons and Fuels at the Ministry of Mineral Resources and Energy, as well as representatives of other stakeholders.
The Cabo Delgado Province of Mozambique hosted a series of events from May 22 to 24 in Maputo, showcasing investment opportunities and promoting economic development in the Cabo Delgado region. These events featured high-level meetings and a comprehensive round table discussion focused on the role of the extractive industry in stabilizing and boosting the local economy.
The round table was led by Valige Tauabo, Governor of Cabo Delgado Province. Joining him were Silvino Moreno, Minister of Industry and Commerce, and Moisés Paulino, National Director of Hydrocarbons and Fuels at the Ministry of Mineral Resources and Energy, as well as representatives of other stakeholders.
Cabo Delgado is a region rich in mineral resources and has significant development potential. However, the extractive industries in Mozambique require a structured supply chain to support the country’s industrialization process. Solid minerals, ruby, gold, graphite, and gas are found in the region. These resources can help drive the socio-economic development of the region.
The parks in Cabo Delgado will offer diverse facilities, including agro-processing, construction, logistics, renewable energy, SME support, training, security, certification assistance, conservation, NGO spaces, cold storage, commercial areas, a food court, sports facilities, and residences to foster a holistic and sustainable business environment.
Geert Klok, President of the Chamber of Mines of Mozambique, called the Cabo Delgado Parks initiative a win-win for all stakeholders. Local economic development can benefit all stakeholders. Industrial parks situated near anchor industries such as mining can employ host communities and opportunities for local entrepreneurs.
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Representatives of multinational companies operating in Cabo Delgado, such as Twigg Exploration and Mining, ExxonMobil, TotalEnergies Mozambique, and ENI Rovuma Basin, also participated in the roundtable and expressed their support in shaping Mozambique’s economic landscape.
