Portugal highlights importance of security in Mozambique business environment

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Portugal highlights importance of security in Mozambique business environment

9:25 CAT | 30 Aug 2017

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Portugal’s Secretary of State for Internationalisation, Eurico Brilhante Dias, named security as one of the main conditions for improving the business environment in Mozambique.

“We want to continue working with Mozambique to improve its business environment, and the security dimension is very important,” he told Lusa on Monday.

The official was speaking to reporters at the opening of the 53rd edition of the Agricultural, Commercial and Industrial Fair of Mozambique (FACIM), which is bringing together 1,900 companies from 29 countries near the Mozambican capital.

For Eurico Brilhante Dias, stability and security are vital in attracting foreign investment, securing more jobs, developing the economy and generating export opportunities.

“If entrepreneurs find concrete measures and a stable environment, they will be more inclined to invest,” he said.

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The Secretary of State also said that, although Portugal has gone through its own economic and political turmoil, Portuguese business people have good prospects for the future, and there are countless Portuguese companies interested in investing in Mozambique.

“We want to give a clear signal that Portugal will never give up on Mozambique. Portugal is always present and helping Mozambique in its development is part of our objectives,” he said.

According to official figures, more than 2,000 Portuguese companies are involved in the tourism, construction, real estate, renewable energy, mechanical engineering and food sectors in Mozambique.

About 30 Portuguese companies are exhibiting at FACIM in one of the six pavilions at Mozambique’s largest international business fair, which started on Monday and runs until 3 September.

Source: Lusa