Sunday, September 21, 2025
13.2 C
London

Russia’s Kamaz mulls setting up truck production in Mozambique – report

Businesspeople from the Russian Federation’s automotive industry are interested in investing in the establishment of a Kamaz truck assembly plant in Mozambique.

The idea aims to boost the historic bilateral cooperation between the two countries, as well as support job creation, mobility and economic growth.

This intention was expressed by the new Ambassador of the Russian Federation to Mozambique, Vladmir Nicolaevich Taravov, during the presentation of credentials to President Daniel Chapo.

Without specifying a date for the launch of this initiative, the Minister of Foreign Affairs and Cooperation, Maria dos Santos Lucas, speaking to the press on behalf of the President of the Republic, explained that Mozambique has already received and used Kamaz trucks for various purposes, and, due to the robustness of the equipment, the experience had been very positive.

Minister Maria dos Santos Lucas also noted that the installation of the plant would respond to the need to create more direct and indirect jobs through the provision of various services.

Source: Notícias

Hot this week

Zimbabwean minister proposes 24-hour economy

Finance, Economic Development and Investment Promotion Minister, Professor Mthuli...

Mnangagwa Gives More Cars ZANU PF Loyalists

President Emmerson Mnangagwa, who also serves as the First...

Former High Court judge justice Moses Chinhengo dies

MASVINGO – Former High Court of Zimbabwe judge, Justice...

TN CyberTech Bank vs Traditional Banks: A Business Analysis in the Zimbabwean Context

In an increasingly volatile economic environment such as Zimbabwe’s,...

Now Is the Time to Think About Your Small-Business Success

Find people with high expectations and a low tolerance...

Topics

Zimbabwean minister proposes 24-hour economy

Finance, Economic Development and Investment Promotion Minister, Professor Mthuli...

Mnangagwa Gives More Cars ZANU PF Loyalists

President Emmerson Mnangagwa, who also serves as the First...

Former High Court judge justice Moses Chinhengo dies

MASVINGO – Former High Court of Zimbabwe judge, Justice...

TN CyberTech Bank vs Traditional Banks: A Business Analysis in the Zimbabwean Context

In an increasingly volatile economic environment such as Zimbabwe’s,...

Now Is the Time to Think About Your Small-Business Success

Find people with high expectations and a low tolerance...

Program Will Lend $10M to Detroit Minority Businesses

Find people with high expectations and a low tolerance...

Kansas City Has a Massive Array of Big National Companies

Find people with high expectations and a low tolerance...

Olimpic Athlete Reads Donald Trump’s Mean Tweets on Kimmel

Find people with high expectations and a low tolerance...
spot_img

Related Articles

Popular Categories

spot_imgspot_img