A long list of market opportunities has been published by the International Trade Administration of the United States of America.On its list (and that of other organisations) are: agriculture equipment (tractors, farm trucks, harvesting equipment); construction (roads, railway, general infrastructure); energy (coal, gas, hydropower, solar, wind, transmission lines); fast-moving consumer goods; fishing (prawns, tuna, lobster); franchising; information and communications technologies (wireless technologies, cybersecurity, automation, data centres, and digitisation); mining (coal, metals, gemstones, rare earths, precious metals, critical minerals); oil and gas (exploration, production, distribution, general supply chain); safety and security (safety equipment); tourism (hotels, resorts, sports, leisure); transportation (ports, airports, logistics, freight); and healthcare.“While the country welcomes foreign investment, investors must factor in corruption, an underdeveloped financial system, poor infrastructure, frequent natural disasters, and significant operating costs,” the United States Department of State advises.“Transportation inside the country is unreliable and expensive, while bureaucracy, port inefficiencies, and corruption complicate imports.“Local labour laws remain an impediment to hiring foreign workers, even when domestic labour lacks the requisite skills.”Some of the challenges are being addressed.“Following four years of reforms since the hidden debt scandal, Mozambique has made progress in the fight against corruption.“If Mozambique continues on this path of reform, it will be better placed to manage its eventual resource income and attract other foreign investments,” the report continues.The Agency for the Promotion of Investment and Exports (APIEX-IP) was established in 2016 to serve as a one-stop shop for potential investors in Mozambique.
