Supporting the Policy Environment for Economic Development
SPEED+

Sectors

The Competitiveness of Mozambique’s Fishing Sector

Mozambique’s fishing sector is already an important source of food, employment, and revenue for the country but its potential may not be fully tapped. At present, fishing operators complain of high operating costs. The oil crisis that began in 2004 and peaked in 2008 and the global financial crisis have had a very negative impact on fishing in Mozambique. As oil prices rose in 2008, more than half the country’s 59 industrial fishing vessels ceased operations. The financial crisis has reduced international demand for fisheries products, depressing prices as well as trade volumes for fisheries products. The international price of shrimp, Mozambique’s principal seafood export, has been especially affected. And there is reported to be a lack of capital for private and public investment in the sector.

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Mozambique has an abundance of natural forests. Natural forests with production capacity are estimated to cover approximately 20 million hectares, or 24 percent of the total country. Despite this extensive natural resource, the forestry sector is perceived to be underperforming in terms of both sustainable management of resource and in the development of an economically viable and competitive processing industry. The USAID-funded Trade and Investment project is supporting the Confederation of Mozambican Business Associations (CTA) to improve the performance of the sector, and if possible, create sustainable export-oriented processing in the sector. The objectives of this study are to:

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Mozambique has an abundance of natural forests. Natural forests with production capacity are estimated to cover approximately 20 million hectares, or 24 percent of the total country. Despite this extensive natural resource, the forestry sector is perceived to be underperforming in terms of both sustainable management of resource and in the development of an economically viable and competitive processing industry. The USAID-funded Trade and Investment project is supporting the Confederation of Mozambican Business Associations (CTA) to improve the performance of the sector, and if possible, create sustainable export-oriented processing in the sector. The objectives of this study are to:

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