The United Arab Emirates has ranked first on the list of largest investors in Mozambique for the past five years, according to Secretary of State for Tourism Fredson Bacar.
‘The trade balance with the United Arab Emirates, despite being unfavourable for Mozambique, has seen remarkable growth in exports, estimated at US$639 million, compared to US$4.1652 billion in imports, with potential opportunities for growth and diversification of exports,’ he said.
For this reason, the country has been strategically participating in various business events held in the United Arab Emirates, such as the business forum held on the sidelines of Expo Dubai 2020, bringing with it a mosaic of competitive opportunities such as Made In Mozambique, produce, consume and export Mozambican.
On 9 April 2025, a Mozambican delegation participated in the Annual Investment Meeting platform, which took place in Abu Dhabi.
This is a platform of excellence for promoting investment and business, as well as establishing business partnerships in sectors considered strategic for the Mozambican economy.
The Mozambican executive has already listed agriculture, energy, infrastructure, mineral resources, industry and tourism throughout its chain as priority areas.
‘Through the national programme Industrialise Mozambique, we would like to invite businesspeople from the United Arab Emirates, individually, in partnership or in association, to invest in the implementation of industrial parks, the fertiliser and pharmaceutical industries, the processing and adding value of agri-food products, including inland fisheries and critical minerals,’ he said.
Bacar was speaking today (25) in Maputo at a business and investment seminar organised by the Mozambique Chamber of Commerce and the Dubai Chamber of Commerce, which is being attended by representatives of Dubai-based companies who are in the country to explore business opportunities.
To attract more investors, the Mozambican executive recently signed agreements aimed at avoiding double taxation and promoting and protecting investments, which are currently in the process of ratification.
‘These are instruments that have contributed to stimulating new private investment initiatives from the United Arab Emirates in Mozambique,’ he said.
The approval of trade regulations, a new foreign exchange law and a reduction in VAT from 17 to 16% are some of the measures taken by the government to attract more investors.
For his part, the President of the Mozambican Chamber of Commerce, Álvaro Massingue, said that the country has enormous natural resources, citing natural gas, arable land, minerals and a coastline rich in biodiversity.
‘Dubai is an admirable example of how strategic vision, innovation and smart investment can transform a desert territory into a global economic centre. Its experience in free zones, financial services, international logistics and global tourism are areas of great interest to our economic transformation process,’ he said.
The United Arab Emirates business mission is headed by the President of the Dubai Chamber of Commerce, Mohammad Looth. Also noteworthy is the presence at the event of the Asian country’s ambassador to Mozambique, Saeed Mohamed Baormran.
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