Over 20 Zimbabwean Companies set for Tete Trade and Investment Mission

ZimTrade will lead the participation of over 20 Zimbabwean companies on a two-day Trade and Investment Mission to Tete, Mozambique. The Mission is scheduled for the 13th and 14th of August 2014.

Participating companies have been drawn from the following sectors: furniture, clothing, engineering, packaging, pharmaceutical, construction, services and processed foods.

The Mission follows a similar initiative that ZimTrade organised in November 2012, when 25 local companies engaged entrepreneurs in Tete. ZimTrade also undertook a comprehensive market research of the Tete, Nampula and Niassa Provinces of Mozambique in April/May 2013.

Both the 2012 Mission and last year's research initiatives identified trade and export-related investment opportunities for Zimbabwean companies in sectors such as mining, engineering, construction, agriculture (mainly horticulture) and tourism.

Although a number of Zimbabwean companies are already doing business in Tete, there is tremendous scope for expansion as well as room for new entrants.

The objective of the Mission is to facilitate Zimbabwean companies to further explore the market opportunities in the Tete Province. Participants are expected to develop and further strengthen business linkages with their counterparts in Tete. This includes negotiating for supply orders, service contracts, warehousing space and joint ventures.

Activities during the Mission will include buyer/seller meetings, business networking events and, where feasible, visits (on-site meetings) to potential business partners.