Mozambique has a mixed economic system in which the economy includes a variety of private freedom, combined with centralized economic planning and government regulation.
The Government of Mozambique (GRM) is receptive to foreign investment, which it views as a means to drive economic growth and promote job creation. No government approval is required to invest and there are almost no restrictions on the form or extent of foreign investment.
The government’s Investment Promotion Center (CPI) seeks to bring investors to Mozambique and should be an investor’s primary contact with the government during the initial investment stage
Mozambique declared itself ready to ride the crest of the resources wave. It would, for instance, become a 100 million tone/year exporter. The country has minerals like sands and gold which have contributed to the development of the country. Offshore northern Mozambique, in the so-called Rovuma gas fields, European and North American energy exploration firms.
Investment Promotion Center (CPI)
CPI has the mandate to promote and facilitate national and foreign investment in Mozambique. CPI operates as a “one-stop-shop”.
- Promotion, reception and registration of investment project proposals
- Facilitation of the concession of fiscal and customs incentives to investors
- Identification of potential partners for joint-ventures
- Identification and dissemination of investment opportunities
- Institutional assistance to investors in the implementation of investment projects.
Mozambique’s Law on Investment
Mozambique’s Law on Investment, No. 3/93, dated June 24, 1993 aims at regulating all activities in the country’s investment.
Investment Climate in Mozambique has been summarized to include the following
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