Maputo, 12 Jun (AIM) – Mozambique’s Investment and Export Promotion Agency (APIEX) has revealed that the government approved investments of approximately 15.5 billion Euros (17.3 million US dollars at the current exchange rate), over the last five years.
According to António Macamo, APIEX representative, who was speaking at the second edition of Mozambique–European Union Business Forum (Global Gateway), held in Maputo, 81 million Euros came from the European Union (EU), between 2021 and 2025.
“Approximately 15.5 billion Euros in investments have been approved, of which the European Union accounts for about 81 million Euros. We expect to see the level of investment increasing, taking advantage of preferential markets”, he said.
Macamo explained that this amount does not include investments made in the gas sector or in mineral resources, “areas that continue to account for a significant portion of foreign investment in the country.”
He also highlighted that Mozambique positions itself on the Indian Ocean coast, a strategic location for tourism, ports and logistic corridors.
“The country has available energy and mineral resources. It also has logistics corridors connecting national ports to markets in the interior of the Southern Africa region. The country offers favorable conditions for attracting more European investment in sectors such as agriculture, agro-industry, fisheries, aquaculture, logistics, transportation, information and communication technologies, and tourism”, he said.
“We have mineral, energy, and water resources, as well as development corridors that connect our ports to regional markets. We want these resources to be transformed into concrete opportunities for investment and development”, he added.
According to APIEX representative, the country has been implementing reforms to improve the business environment and boost Mozambique’s competitiveness in attracting foreign investment.
Am/
