Republic of Mozambique IX CONCLAVE ÍNDIA-ÁFRICA NOVA DELI, 17 − 21MARCH 2013 Investment & Technology Partnership Louis Pelembe Minister of Science and Technology Ministry of Science and Technology Contents 1. The vision of GoM on S&T 2. Mozambique Basic Indicators 3. Main MCT Programmes 4. Opportunity for Investment & Technology Partnership 5. Favorable condition of investment in Science e Technology Ministry of Science and Technology 2 The vision of GoM on S&T Scientific Research should be geared to contribute to the poverty eradication and wealth generation Human capacity development is key, targeting current priorities but with open mind to fundamental research deemed critical for future development 29/01/13 Ministry of Science and Technology 3 Mozambique Basic Indicators Area:799,390 sq.Km Government • • • 25 Ministries 11 Provinces, 128 Districts, 352 Administrative Posts 33 Municipalities Population : 23 million Illiteracy Rate: Per Capita GDP (2011):USD502 GDP Nominal (2011): 12 million Annual growth rate 2010-2011: 7.2% FDI: 502 Million USD (2011), 3rd in Southern Africa Internet Usage Density (2004): 5.7 Teledensity (2011): • • • • • Overall: 45.5% Urban: 21,3% Rural: 33,2% Fixed Line: 0.6 Mobile: 12.35 Ministério da Ciência e Tecnologia - MCT Main MCT Programmes • • • • • • • • • • • Human Resources Development; Millennium Villages; Creating the Scientists of Tomorrow; Mozambican Innovator´s Programme; Construction using local material; Dissemination of Science; Community Multimedia Centers; Scientific and Technology Parks; MoRENet; Biotechnology; Etnobotany. Ministério da Ciência e Tecnologia - MCT Investment Potential • In 2008 th Government of Mozambique approved the National Program for establishment of Science and Technology Parks: 1. South region of Mozambique, Maluana, with 960 ha, at the moment only 350 ha are done; 2. Central regional (Dombe/Estaquinha and Mocuba) and 3. North region (Nampula). Each park will have its own infocus, accordingly to potential of each region. Ministry of Science and Technology 6 Maluana/Parck Ministério da Ciência e Tecnologia - MCT Investment & Technology Partnership Investment opportunity at Maluana: i) Construction of common infrastructure (internal road network, electricity network, water network, sewerage system, telecommunication and data network in all the extension of the master plan estimated 25 million USD. ii) Construction of the National Biotechnology Centre in the Maluana Science and Technology Park estimated 115 million USD iii) Construction of 500 accommodations for students, researchers, lectures and other staff (estimated USD 85 M million); Ministério da Ciência e Tecnologia - MCT Other Investment Opportunities 1. Establishment of 3 centres of research training, technology and knowledge transfer for production and processing local crops - CSIR; 2. Post harvest technologies (Agroprocessing); 3. Small and Medium scale equipments manufacturing; 2. Establishment of remoting sense antenna to minimize natural disasters, such as floods, dried and pest control. Ministério da Ciência e Tecnologia - MCT Opportunity to Investment & Technology Partnership Main MCT Programme(Cont.) Establishment of Technology University of Mozambique, with focus on the following area of Science and Technologies: (i) agriculture, (ii) renewable energies, iii) electronics engineering, (iv) civil engineering, (v) petroleum and mineral resources, (vi) chemistry, (vii) information and communication technologies, (viii) transports, (ix) management – innovation and technologies and (x) natural disasters. Ministério da Ciência e Tecnologia - MCT Favorable condition of investment in Science e Technology • Tax incentives - Legal Grounds: • Law no. 4/2009 of 12 January (Investment Law) • Decree no. 56/2009, of 7 October (Regulation of Investment Law) • Law no. 23/2007, 1 August (Labour Law) Ministério da Ciência e Tecnologia - MCT Favorable condition of investment in Science e Technology Income tax-IRPC and IRPS • Investments in the areas of scientific research, ICT, Innovation and technology development and Science Technologies Parks, are planned the following tax benefits: Tax on corporate income (IRPC) • Exemption for the first five years; • 50% reduction in the rate of 6-10 fiscal year; • 25% reduction in the rate of the 11-15 fiscal year; Ministério da Ciência e Tecnologia - MCT Challenges Ministry of Science and Technology 13 Thank you for your atention! Obrigado Ministério da Ciência e Tecnologia - MCT