To become eligible, foreigners must buy property costing at least US$90,000 with funds transferred from abroad.
Lusofonia
President João Lourenço says many state assets will be sold off to raise cash and make room for the private sector.
Hamstrung by Covid-19, mainlanders – once Portugal’s most numerous tourists – stay away, as do many non-EU nationalities apart from Americans.
As Covid-19 pandemic pushed prices higher, total exports reached record US$280 billion.
New zone will allow agricultural producers, processors, aggregators and distributors operating in the same vicinity to reduce transaction costs.
The only direct service between China and Portugal, which operates once a week, may resume early next month.
Company aims to develop different channels and partnerships in distribution of insurance and meet the needs of a greater number of Mozambican customers.
Vessel, which can handle 3.4 million tonnes of LNG a year, set to start production this summer, a first in deep waters off Africa.
As well as aiming to triple company’s production capacity, the project will also create up to 400 jobs over the next three years.