Greenfield investment monitor fDi Markets has recorded a strong 2014 for Mozambique-destined FDI, which has recorded continuous growth since 2009. The monitor recorded 50 projects totalling $8.80bn and creating 10,856 new jobs in the east African country during 2014. Historical data from fDi Markets illustrates a strong, upward inward investment trend since 2009, with the exception of 2012, when no growth in project numbers was recorded.

Mozambique recorded a year-on-year increase in project numbers of 50% between 2009 and 2010, 60% between 2010 and 2011, 29.16% between 2012 and 2013 and an increase of 61.29% between 2013 and 2014. Inward capital investment totalled more than $30.98bn in the period, resulting in 34,829 jobs created.

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Maputo has retained its position as the most active city in the country for inward investment in terms of project numbers between 2009 and 2014, accounting for 24.68% of all inward FDI in the country during the period. Despite the capital’s ranking first on FDI project attraction, the city ranked fifth overall in the number of jobs created, creating 1612.

Beira, Mozambique’s second largest city, recorded the greatest number of new jobs in the period, 185.55% more than Maputo. The coal, oil and natural sas sector attracted the highest amount of inward capital of all sectors between 2010 and 2013, with a total of $13.85bn invested. However, 2014 witnessed a reversal for the first time in several years, with real estate emerging as the dominant sector, responsible for $7.64bn more investment than the coal, oil and natural gas sector. With world oil prices continuing to decline, 2014 is an apt illustration of Mozambique’s capability to restructure its inward investment priorities.