Mozambique needs more investment: PM

09:08, July 29, 2010      

Email | Print | Subscribe | Comments | Forum 

Mozambican Prime Minister Aires Ali has urged the Southern African country to attract more investment for development, local media reported on Wednesday.

"We want people to speed up the various initiatives under way to attract investment in our country", he said at the ceremony to swear into office Lourenco Sambo as the new general director of the government's Investment Promotion Center (CPI).

Sambo replaces Mohamed Rafique, who served the post for more than 10 years. The new CPI chief was previously an advisor to Planning and Development Minister Aiuba Cuereneia.

Ali said the government regards it as a priority to expand direct investment to increase the competitiveness of the Mozambican economy, and to ensure continued growth of the country' s GDP.

According to him, the CPI's key task is to improve and adjust legal instruments and procedures for the licensing of investments.

Some of the important sectors, Ali pointed out, include agriculture, agro-industry and fisheries.

Source: Xinhua


  • Do you have anything to say?


Special Coverage
  • Premier Wen Jiabao visits Hungary, Britain, Germany
  • From drought to floods
Major headlines
Editor's Pick
  • Staff members watch a screen showing the blast-off of the Long March-2FT1 carrier rocket loaded with Tiangong-1 unmanned space lab module at Beijing Aerospace Control Center, Sept. 29, 2011. Commander-in-chief of China's manned space program Chang Wanquan announced Thursday night that the launch of Tiangong-1 space lab module was successful. (Xinhua/Wang Shen)
  • Chinese President Hu Jintao watches the launch of Tiangong-1 space lab module at Beijing Aerospace Control Center in Beijing, capital of China, Sept. 29, 2011. Other members of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee, including Wu Bangguo, Jia Qinglin, Li Changchun, Xi Jinping, Li Keqiang and Zhou Yongkang, are also present. (Xinhua/Rao Aimin)
  • The graphics shows the launch procedures of the carrier rocket of Tiangong-1 space lab module, Long March-2FT1 on Sept. 29, 2011. (Xinhua/Lu Zhe)
  • Image taken from Beijing Aerospace Control Center shows a Long March-2FT1 carrier rocket loaded with Tiangong-1 unmanned space lab module blasting off from the launch pad at the Jiuquan Satellite Launch Center in northwest China's Gansu Province, Sept. 29, 2011. (Xinhua)
  • On Sept. 28, tourists travel around the Mingshashan Scenic Area in Dunhuang, Gansu province by camel. With the National Day vacation right around the corner, more and more tourists from home and abroad are going to Dunhuang. Riding on a camel, they travel in the desert to enjoy the cities rare form of natural scenery. (Xinhua/Zhang Weixian)
  • Chinese forest armed forces work together with forest firefighters on Sept. 28. (Xinhua/Chai Liren)
Hot Forum Discussion