Foreign direct investment in Mozambique totals US$724.5 million in the first half of 2013

15 August 2013

Mozambique received US$724.5 million in foreign direct investment (FDI), in the first half of this year, with South Africa the biggest foreign investor on a list of 29 countries, Macauhub learned from the Mozambican Centre for Investment Promotion (CPI).

In the first six months of the year the CPI approved 207 FDI projects. South Africa, which topped the list of foreign investors, has earmarked investment of US$240.7 million in 39 projects.

Germany (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 (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. (macauhub)