The Mozambican Stock Exchange (BVM), participated on August 06 in Chimoio, Province of Manica , in the official launch of the Programa Industrializar Moçambique (PRONAIMO) directed by His ExcellencyFilipe JacintoNyusi, President of the Republic of Mozambique.
PRONAIMO is a presidential initiative framed in the implementation of the Government's Five-Year Program (2020-2024), which aims to contribute to the increase of national industrial production, through the grouping of base companies where the raw material is found and to stimulate its commercialization .
In his speech, the Head of State explained that the Program could contribute to the employability of more than 118,000 people, including young people and women, in addition to building a basis for the integrated and sustainable development of Mozambique, he highlighted that the initiative also aims to increase industrial production. , with weight in the gross domestic product (GDP), import substitution, increase in exports of industrial products and financing of 100 million dollars a year in projects for ten years, making a total of one billion dollars in the framework of the financing model to be adopted.
The Mozambique Stock Exchange is an anchor partner of the Programa Nacional Industrializar Moçambique project to develop joint actions with the Ministry of Industry and Commerce (MIC), with a view to boosting the Industry sector and allowing small, medium and large-scale industrial projects can use the stock market to finance themselves.
It should be noted that the program proposes to contribute to the increase of national industrial production, making use of raw material from the agricultural, fishing, sea and natural resources sectors that the country has at its disposal.
During the ceremony, BVM participated in the exhibition organized by the Ministry of Industry and Commerce, interacted with companies in the sector and presented its services and products, benefits, membership requirements and the functioning of the Capital Market and the Stock Exchange.
On the occasion, His Excellency. the President of the Republic encouraged companies to explore the financing and investment alternatives offered by the stock exchange and recognized the stock market crescentes growing role in the development of the country economias economy.Photo Events