Mozambique’s investment inflows total $724.5mn in the first half - TopicsExpress



          

Mozambique’s investment inflows total $724.5mn in the first half of 2013 Mozambique´s National Centre for Investment Promotion (CIP) has said the country received US$724.5 million in foreign direct investment (FDI) in the first half of 2013, with South Africa the biggest foreign investor on a list of 29 countries, APA learns here. CPI said in the first six months of the year, it approved 207 FDI projects, and South Africa, which topped the list of foreign investors, has earmarked investment of US$240.7 million in 39 projects. While he said Germany with US$140.4 million in three projects and Switzerland US$140.3 million in two projects, were in second and third place, respectively, and Portugal was ranked fourth, with investment of around US$84 million in 85 projects. With 11 approved projects, China was the fifth biggest investor with around US$23 million, followed by Mauritius US$22.9 million, the United Kingdom US$17.8 million, Italy US$14,9 million, Zimbabwe US$5.7 million and India US$8 million. Amongst Portuguese speaking countries, as well as Portugal, 4th place, Brazil was ranked in 16th place with two projects worth US$1.4 million, and Angola, was 22nd with investment of US$750,000 in a single project.
Posted on: Mon, 19 Aug 2013 14:53:24 +0000

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