Crossing Maputo – The new business, industrial and logistic hosting space in Mozambique
APIEX: Mozambican government creates new investment and exports agency
10:09 CAT | 30 Oct 2016
Lusa (File photo) / A view of Maputo city
The Mozambican government has announced the creation of the Agency for Investment and Export Promotion (Apiex) from the merger of three institutions promoting trade and exports.
Speaking at a press conference after the weekly meeting of the Council of Ministers, cabinet spokesman and Deputy Minister of Health Mouzinho Saide said that the Investment Promotion Centre (CPI), the Office for Economic Accelerated Development Zones (Gazeda) and Export Promotion Institute (IPEX) had been dissolved.
“Apiex will promote and facilitate investment, bringing together the promotion of public and private investment and exports,” Saide said.
The creation of the new entity aims to boost the business environment, optimise resources and create greater synergies in areas that impact the country’s economy.
Saide said that Apiex would take on 60 of the 160 staff at the institutions it replaces, with the remainder transferred to other state entities.
Source: Lusa
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