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Home Africa

Former Mabor Moçambique tyre factory sold to printing company

FurtherAfrica by FurtherAfrica
August 24, 2017
in Africa, Economy, Finance, Industry, Industry and Commerce
Reading Time: 1 min read
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Former Mabor Moçambique tyre factory sold to printing company
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The Mabor factory, a former tyre factory in Mozambique that has been abandoned for several years, will house a printing company, which will produce books and school textbooks and magazines, the chief executive of state stakeholding institute Igepe, Raimundo Matele, said in Maputo according to the Mozambican press.

Matule said that re-launching Mabor as a tyre factory is unfeasible in the country’s current situation, “given that because of a lack of technology the required investment would be large and it was therefore decided to monetise existing facilities.”

In 2014, the then chairman of Igepe, Apolinário Panguene, announced that negotiations were taking place with a company from China and another from South Africa, but the investment needed to get Mabor to produce new tyres meant the negotiations fell by the wayside.

Inaugurated in 1979 as a result of a partnership between Mozambique and the Tyre Company of the United States, Mabor de Moçambique became a regional benchmark company, exporting tyres to neighbouring countries such as South Africa, Namibia, Botswana and Zimbabwe.

Source: Macauhub

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Tags: Apolinário PanguenebooksMabor factoryMozambiqueprinting companyRaimundo Mateleschool textbookstyre factoryモザンビーク莫桑比克
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