A memorandum signed Thursday will
initiate the transfer of advanced technologies to the country from an Asian
powerhouse.Mozambique and South Korea are two very different economies united
in their desire to exploit the abundant resources they possess. Mozambique has
natural resources, and South Korea has technology. In terms of the memorandum
of understanding signed with the Mozambican Energy Fund (Funae) on Thursday in
Maputo, South Korea agrees to transfer energy sector technologies to
Mozambique.South Korea is to train Mozambican staff in energy sector skills, as
well as rolling out technologies that will bring electricity to more people in
rural areas, where the public distribution network is inadequate.The Deputy
Minister of Industry and Trade, Omar Mitha, believes that this is the time for
the country to capitalize on the vast Korean experience in the electronics
area, the automotive industry and other advanced technologies. "I think
there is complementarity here. We have other features that require cutting-edge
technologies, such as gas, but we also have agricultural resources which, once
being added value to, can supply the Asian markets," said Omar Mitha.
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