Read Video description, Watch to end for full detailed information and please don’t forget to subscribe to this channel for more Business informative videos, Thanks INVEST IN MOZAMBIQUE – HERE IS WHY MOST INVESTORS WOULD PREFER TO DO BUSINESS IN MOZAMBIQUE (SOUTH AFRICANFAST RISING AFRICAN ECONOMY)
It gained its independence from Portugal on 25 June 1975.It is a Presidential Republic with the President sitting as the Head of State and Government.
Mozambique is endowed with rich and extensive natural resources.
The country’s economy is based largely on agriculture, but there is rapid growth in food and beverages, chemical manufacturing, and aluminum and petroleum production.
Since 2001, Mozambique’s annual average GDP growth has been among the world’s highest.
Economic Overview: Mozambique’s economy is dependent on agriculture.
However, despite the huge importance of agriculture to the country, the sector is still the least explored; with food shortages still prevalent.
Another area to watch in the agricultural sector is agro processing.
Real Estate: All over the world, real estate is big business.
The situation is not different in Mozambique, where the housing deficit is one of the albatross around the neck of the new government.
Real estate developers could easily capitalise on the deficit to supply low cost but well constructed properties for sale or rent.
Closely related to that is the inputs in the sector.
This is where the issue of affordable housing comes.
This presents an opportunity for local developers struggling to match up to their foreign counterparts.
A lot of them must team up, acquire land and build low cost residential properties for rent or sale to locals and that will serve two purposes – bridge the yawning housing deficit and increase their earnings.
These present some enormous opportunities for energy sector investors either in the production, distribution or transmission.
Indications are that demand for electricity in the country would grow around 11 percent each year.
The manufacturing sector in Mozambique is very lucrative.
Instead, high demand, largely due to a booming energy industry, begs for more hotel development.
This presents a good investment opportunity for investors interested in the hospitality sector.
With these breathtaking beaches, ideal tropical climate, world class scuba diving, and diversified wildlife, Mozambique has a need for hotels, lodges, and resorts to attract a growing tourism industry.
The average amount of investment approved for the tourism sector in Mozambique each year was 600 million dollars between 2005 and 2008, reaching a peak of 977 million dollars in 2007.
Heavy Industry and Construction: Inadequate infrastructure implies continued construction for the near term.
Heavy industry and construction is an easy one in Mozambique because the demand is simply a by-product of the booming energy sector and growing consumer base.
But realistically, without more foreign investment, it could also stall.
#MOZAMBIQUE #INVESTAFRICA #BUSINESSAFRICA
mozambique political situation 2022
mozambique conflict 2022
mozambique economic outlook 2022
pros and cons of living in mozambique
business opportunities in mozambique for small investors
the most profitable business in mozambique
source