Companies in India and China lead investment in Tete province, Mozambique

18 August 2016

India and China head the list of countries with the largest number of foreign investments approved by the Single Service Desk (BAU) in the Mozambican central province of Tete, in the first half of the year, according to official sources.

The Executive Director of the Single Service Desk in the province, Domingos Macajo said that in the first six months of the year 82 licenses had been awarded, of which 19 were granted to Indian investors and 18 to Chinese, with Nigeria in third place with 17 licensed companies.

Macajo also told Mozambican news agency AIM that Portugal, South Africa, Kenya, Brazil, Pakistan, Japan, Somalia, Zimbabwe and Guinea are other countries on the list of companies licensed by BAU.

The Executive Director of the Single Service Desk in Tete province said that in the same period 352 licenses had been issued for various activities, including wholesale and retail trade, services, transport of passengers and goods and industry.

BAU is part of the government platform on public sector reform, with the aim of improving public services through simplification, flexibility and speed of administrative procedures related to the licensing of economic activities. (macauhub/MZ)