{"id":12083,"date":"2022-01-14T16:37:40","date_gmt":"2022-01-14T16:37:40","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/?p=12083"},"modified":"2022-01-14T14:26:48","modified_gmt":"2022-01-14T14:26:48","slug":"sofala-investment-projects-approved-in-2021-valued-at-us147-9-million","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/sofala-investment-projects-approved-in-2021-valued-at-us147-9-million","title":{"rendered":"Sofala: Investment projects approved in 2021 valued at US$147.9 million"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Thirty-three investment projects were submitted and authorized in Sofala province last year. The government\u2019s plan was to approve 30 projects, so the 33 approved represent an achievement of over 100% and a growth of 6.5% in relation to the previous year, in which 31 projects were approved.<\/p>\n

Data recently revealed by Sofala provincial executive indicate that the total value of investment was around US$147.90 million, with the volume of foreign direct investment standing at US$43.29 million and national investment at US$14.97 million.<\/p>\n

The People\u2019s Republic of China was the biggest investor, with around US$6.55 million.<\/p>\n

Other data made public at the end of 2021 indicate that production in Sofala province grew by 4.4% in 2021.<\/p>\n

Overall production last year was worth 54,570,750,80 thousand meticais, against a planned 64,661,181,97 thousand meticais and the 52,294,041,70 meticais of the previous year.<\/p>\n

The branches of activity contributing most to growth were agriculture, animal production, hunting and forestry, with 49.9%, transport and storage services with 21%, manufacturing with 15.2% and fishing and aquaculture with 10.2%.<\/p>\n

In the same period, revenue of 17,978,794,90 thousand meticais was obtained, which represents a realization above 100% of that planned, and a growth of 17.6% compared to the same period in 2020, when collections reached 15,292,631,49 thousand meticais.<\/p>\n

Exports reached US$489.66 million of a planned US$438.40 million, more than 100% of target and a growth of 44.4% over 2020\u2019s US$339.05 million. Top exports were vegetables and legumes, with 8.8%, fertilizers with 6% and shrimp with 4.7%.<\/p>\n

The province of Sofala imported products worth US$951.36 million from a plan of US$649.68, a growth of 44.9% compared to the same period in 2020 US$656.56 million ).<\/p>\n

The most imported products were fuel and mineral oils (22.7%), rice (10%) and machinery and equipment (7.9%).<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Thirty-three investment projects were submitted and authorized in Sofala province last year. The government\u2019s plan was to approve 30 projects, so the 33 approved represent an achievement of over 100% and a growth of 6.5% in relation to the previous year, in which 31 projects were approved. Data recently revealed by Sofala […]<\/p>\n","protected":false},"author":84,"featured_media":12082,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[233,281,283],"class_list":["post-12083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nSofala: Investment projects approved in 2021 valued at US$147.9 million - Mozambique<\/title>\n<meta name=\"description\" content=\"Thirty-three investment projects were submitted and authorized in Sofala province last year. 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