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South Africa: Mpuma, Maputo to Advance Economic Ties
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BuaNews (Tshwane)
21 April 2008
Posted to the web 21 April 2008
Luyanda Makapela
Nelspruit
As part of the ongoing efforts aimed at advancing geo-political and economic objectives, Mpumalanga's Premier Thabang Makwetla will sign a renewed Memorandum of Understanding with Maputo's Governor Exa Telmina Pereira.
According to the Mpumalanga provincial government, the MoU which will be signed on Tuesday forms part of the objectives of the New Partnership for Africa's Development (NEPAD).
The original memorandum between the two provinces was signed in 2001 in pursuit of the general agreement entered into between South Africa and Mozambique.
A Mozambican delegation is expected to arrive in Mpumalanga and will be visiting the Matsamo Cultural Village and the Samora Machel crash site in Mbuzini.
On the second day, the delegation will tour the 2010 FIFA World Cup Mbombela Stadium.
They will then proceed to sign the renewed MoU at the provincial government complex.
The primary focus of the pact will be on creating institutions and maximising investments opportunities arising out of the flagship Maputo Development Corridor.
This links Gauteng, Mpumalanga, Maputo province with the Mozambican harbour.
The flagship project aims to position the corridor as an attractive route for trade and export. Other new areas of cooperation will include tourism, agriculture, local government and efforts towards the world cup.
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In March this year, Premier Makwetla was invited by the South African High Commissioner in Mozambique Thandi Lujabe-Rankoe to address a business lunch in Maputo.
The event hosted key South African investors in Mozambique to discuss opportunities and challenges in their business endeavors.
Invited South African private investors operating in Mozambique include SASOL, First National Bank, AVIS, ENGEN, South African Airways and SPOORNET.
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