05/08/2014 - Portugal biggest foreign investor in Mozambique in 2014

Portugal biggest foreign investor in Mozambique in 2014

Portugal topped the list of foreign investors in Mozambique in the first half of the year, with a total of US$248.8 million, accounting for 40.1 percent of investments approved by the Centre for Investment Promotion (CPI), which totalled US$618.9 million. Against the first quarter of the year, when Portugal was also the biggest foreign investor in the country, investment by Portuguese companies rose from US$204.2 million to US$248.2 million, rising around US$44 million, according to information from the CPI sent to Macauhub in Maputo. Mauritius, with US$82.2 million, the United Arab Emirates (US$54.8 million), the United Kingdom (US$54.6 million), South Africa (US$47.1 million), China (US$41.08 million), Belarus (US$12.05 million), Kenya (US$9.5 million), Italy (US$9.3 million) and France (US$8.6 million), along with Portugal were the top 10 foreign investors in the country. Overall, in the first six months of 2014, the CPI approved projects from 37 countries, which was eight more than in the same period of last year, when the amount invested totalled US$724.5 million. From the Community of Portuguese-speaking Countries (CPLP) Mozambique also received investments from Brazil (US$550,000) and Angola (US$110,500).


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