Mozambican government approves 234 local private investment projects between January 2010 and June 2011

13 October 2011

Maputo, Mozambique, 13 Oct – Mozambican private investment totalled US$267.8 million in the 18 month January 2010 and June 2011, according to figures published Tuesday in Maputo at the end of a Council of Ministers meeting.

In the period, 234 projects were given authorisation, 102 of which were in active operation, 70 were in the execution phase and 62 had yet to begin.

As a result of these projects, 2,400 new jobs were created, benefiting Mozambican citizens, said the statement issued by the Mozambican government. (macauhub)