The Minister of Economy, Basílio Muhate, announced that in the first nine months of this year, 290 investment projects were approved, valued at around 1.8 billion US dollars, with the potential to create 36,557 jobs.
According to the minister, the number of projects approved between January and September includes a subprogramme covering the trade and services sectors, corresponding to 90.6% of the semi-annual target and 68% of the planned annual target, compared to a total of 237 projects approved in the same period in 2024.
Speaking at the opening ceremony of the institution’s first Coordinating Council, taking place in the city of Matola, Maputo Province, in the south of the country, Muhate also stated that, within the framework of the operationalisation of the Special Credit Line to Support Agricultural Marketing, 18 operators were financed, amounting to 608,000 US dollars, in the provinces of Niassa, Cabo Delgado and Nampula in the north, and Manica in the centre of the country.
Quoted in a publication by the Lusa news agency, the minister also indicated that through technical assistance actions, training and access to financing, 12,784 Micro, Small and Medium-sized Enterprises (MSMEs) were supported, noting that this figure represents a decrease compared to the 17,056 companies assisted in the same period in 2024.
“Likewise, 23 new companies and six new products were certified according to standards required at national and international level, representing growth of 28% and 50%, respectively. In the tourism subprogramme, 105 projects were approved, of which 35 were in accommodation, 43 in catering, and 27 in travel and tourism agencies,” he explained.
For Basílio Muhate, these advances reinforce the transformative role of the platform in administrative modernisation, investment attraction and the stimulation of the national economy. “We urge that measures be outlined to boost the structural transformation of the economy through inclusive industrialisation and the promotion of private investment and national production, with an emphasis on local value chains,” he concluded.
