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Kidnappings and economic weaknesses deterring investment in Mozambique – consultant
1:57 CAT | 08 Apr 2016
Recent kidnappings in Mozambique, infrastructure constraints and delays in the implementation of large natural resource projects are deterring potential investors in the country, says consulting firm Aon Security.
“Mozambique, a country rich in natural resources, has a moderately high level of risk of political violence, but the deteriorating economic environment risks undermining other areas of economic growth,” Aon experts write in the 2016 Political Risk Map it released today.
According to the report, “the increase in kidnappings for ransoms amongst mining companies has put the security of the country into question, reducing its appeal to investors”, in addition to the delays in investment projects and disappointing economic data.
Source: Lusa
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