The Netherlands donates US$43,000 to Mozambique for economic development

21 February 2014

The Netherlands plans to donate US$43,000 to Mozambique this year to some sectors in order to develop the economy and reduce social inequality, Minister Lilianne Ploumen said cited by Mozambican newspaper @Verdade.

The Netherlands’ minister for Foreign Trade and Development Cooperation said that Mozambique should make use of Dutch know how and technology in the gas, energy and marine facilities sectors to drive its own development.

Ploumen noted that the annual funding must have an impact on the population by removing the unnecessary bureaucracy of public institutions and particularly by improving health, education services and creating opportunities to gain access to funding.

Meanwhile, the Business Climate Fund is set to provide US$3 million for construction, roads, hotels and tourism in the provinces of Cabo Delgado, Tete and Nampula this year.

Orlando da Conceição, the Fund’s project manager, told @Verdade that the business climate in Mozambique would not improve whilst there was still excessive bureaucracy because of a lack of policies and regulations to simplify processes in each sector.

The Business Climate Fund is part of the Programme for Private Sector Development (PDSP 2011-2015), an initiative of the Danish embassy and the Mozambican government to improve the private sector’s ability to act in order to improve the business climate in Mozambique. (macauhub)