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Mozambique 2013 First-Half FDI Reaches $724 Million

Mozambique 2013 First-Half FDI Reaches $724 Million

From Macauhub

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.

Read more at macauhub.com