This project is a Python module. It has to be executed at some point. Presumably, you'd generate the SQL locally by running manage.py sqlall, then get the SQL to your database in the appropriate manner. That's the same process the eventual product of this module would require.
That assumes your end goal is actually using the provided models in your application. It sounds like this is using them as pure data only.
I can think of a couple of reasons why you might want that, maybe if you wanted to create a relationship graph like django-extensions 'graph_models'[1], or build some sort of introspective API scaffold generator or something.