Home Southern Africa Mozambican President Filipe invites foreign investors

Mozambican President Filipe invites foreign investors

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Mozambican President Filipe invited Mozambican and foreign businesses to invest in his country, taking advantage of the excellent business opportunities, particularly in the central province of Zambezia

Mozambican President Filipe invited Mozambican and foreign businesses to invest in his country, taking advantage of the excellent business opportunities, particularly in the central province of Zambezia.

Nyusi said that there was strong potential for investment in the textile industry in the country. Also, Mozambique urgently needs the construction of a dry port, the processing of minerals, agro-business, logistics, and services, the president underscored. Industrialization could drive the development of Mocuba as a district that plays a connecting role between the southern and northern regions of the country. The manufacturing industry, logistics, and services, notably the possibility of installing a dry port are the areas ideal for foreign investment, he added.

https://trendsnafrica.com/rwandan-businessmen-to-invest-in-mozambique/

https://trendsnafrica.com/rwanda-and-mozambique-sign-mou-to-strengthen-economic-ties/

https://trendsnafrica.com/mozambique-to-launch-aggressive-indsutrialization-program/

In 2014, Mocuba was declared a special economic zone and an industrial free zone. Investing there attracted a range of customs and tax incentives. The president called upon the investors to take advantage of the special status granted to Mocuba to generate jobs and income for young people.

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