Maputo, 28 August - 3 September 2017 - In the framework of its project to benefit Mozambique, UNIDO ITPO Italy participated in the 53^rd edition of FACIM – the International multi-sectoral Trade Fair of Maputo, that took place in the capital of the African country.

ITPO Italy was present with a stand within the exhibition area, managed by the Italian Trade Agency (ICE) for the Italian economic operators attending the fair. Besides, ITPO Italy organized an agenda of  business meetings for a delegation of Italian companies of the agro-industrial sector interested in the investment and technology transfer opportunities identified within the project (additional info are available on the dedicated website www.unido.it/mozambico). In this context, the main focus of ITPO Italy’s participation in this edition was the use of special fertilizers and the assembly and promotion of small agricultural machinery such as two wheel tractors and  threshing machines, which are suitable for the small size of local companies and cooperatives.

FACIM is the major economic event organized internationally in the country, it is a multi-sectoral trade fair, which focuses on certain sectors such as agriculture and agroindustry that are considered a priority at the governmental level.

During the last fifteen years Mozambique’s GDP growth has been among the highest in Africa (7% on average per year), until the year 2016 when growth has slowed down due less favourable domestic economic conditions and the fall of raw material prices. However, over the medium term, development prospects remain positive and attractive, also in consideration of the large agricultural potential of the country and the strong governmental commitment in the sector.