Legal Alert - Guia do investimento privado em Moçambique (Decreto n.º 8/2024 de 7 de Março)
O Decreto n.º 8/2024, aprovado a 7 de março, estabelece um conjunto de normas claras para orientar os investimentos privados em Moçambique, procurando facilitar o processo de autorização e implementação de projectos de investimento.
O Decreto n.º 8/2024, aprovado a 7 de março, estabelece um conjunto de normas claras para orientar os investimentos privados em Moçambique, procurando facilitar o processo de autorização e implementação de projectos de investimento.
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LEGAL ALERT ABR. <strong>2024</strong><br />
3<br />
Decree No. 8/<strong>2024</strong> of March 7<br />
GUIDE FOR PRIVATE INVESTMENT<br />
IN MOZAMBIQUE<br />
Decree No. 8/<strong>2024</strong>, approved on March 7, sets forth a series of clear norms to<br />
gui<strong>de</strong> private investments in Mozambique, aiming to facilitate the process of<br />
authorization and impl<strong>em</strong>entation of investment projects. This <strong>de</strong>cree promotes<br />
transparency and efficiency in business practices in the country while<br />
encouraging sustainable economic growth.<br />
To invest in Mozambique, interested parties must submit a request for authorization,<br />
including a technical and economic-financial feasibility study, as<br />
well as <strong>do</strong>cuments proving the i<strong>de</strong>ntity of the investors, the project location,<br />
and the financial capacity to execute it. The goal is to ensure that investments<br />
are sound and in line with local laws.<br />
Once submitted, the requests un<strong>de</strong>rgo a <strong>de</strong>tailed analysis process, taking<br />
into account the technical, economic-financial, socio-environmental, and<br />
market viability of the project. Proposals are also checked for compliance<br />
with national laws and policies, especially those related to the country’s economic<br />
and social <strong>de</strong>velopment.<br />
The <strong>de</strong>cree sets clear <strong>de</strong>adlines for the authorization process. The Ministry of<br />
Finance <strong>de</strong>ci<strong>de</strong>s on projects with economic, environmental, or public health<br />
impacts within seven days. Larger projects or those involving concessions<br />
and public-private partnerships are <strong>de</strong>ci<strong>de</strong>d by the Council of Ministers within<br />
30 days.<br />
If necessary, the terms and conditions of the investment authorization can<br />
be adjusted upon the justified request of the investor. Circumstances such<br />
as project initiation <strong>de</strong>lays, stoppages, or changes in the initial assumptions<br />
may lead to changes in the authorization.<br />
Investment authorization can be revoked un<strong>de</strong>r certain circumstances,<br />
including the investor’s own request, failure to initiate the project within<br />
the stipulated timeframe, project stoppage for over three months, or<br />
failure to comply with laws and conditions established in the authorization.<br />
The government will monitor the impl<strong>em</strong>entation of investment projects to<br />
ensure compliance with agreed laws and conditions. Investors must also fulfill<br />
social responsibility obligations, which inclu<strong>de</strong> actions aimed at commu-<br />
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