New investment projects in Mozambique may create over 900 jobs

17 December 2012

Mozambique’s Centre for Investment Promotion (CPI) has approved four projects worth US$23 million and is analysing seven projects with a total investment of US$72.7 million, the CPI said in a statement published in Maputo.

The four projects that were approved cover the construction, services, and transport sectors and will be carried out in the provinces of Nampula, Sofala, and the city of Maputo, said the statement cited by Mozambican daily newspaper Notícias.

According to the statement the four approved projects will create 334 jobs and the seven that are being analysed may create anther 582 jobs.

“The seven projects proposed and which are now being analysed are for the services, construction, industry and tourism sectors, and will be carried out in the provinces of Sofala, Maputo and in the city of Maputo,” the CPI said. (macauhub)