Foreign Investors See Mozambique As A Land Of New Opportunities

mozambique-investment-opportunitiesMozambique is situated in South-eastern Africa sharing its boundaries with Malawi, South Africa, Tanzania, Zambia, Zimbabwe and Swaziland. Over the past several years, the country has undergone major macroeconomic reforms that have helped stabilize the country’s economy. As a result, foreign investments are being made by companies all over the world and the demand for translation services here has risen steeply.

While the bulk of the workforce continues to be in the agricultural sector, large foreign investments like the Mozal aluminum smelter has helped increase the country’s foreign exchange and work diversity. A Portuguese translator working for an Austin translation services company told us about the translation projects they receive due to economic growth in Mozambique. Since Portuguese is the official language of Mozambique, clients doing business with Mozambique typically require Portuguese to English translation or English to Portuguese translation of their documents.

Because of the natural gas reserves found in Mozambique, foreign investors are also concentrating on the exploration of new oil fields. According to foreign investors, there is a strong chance that Mozambique has large undiscovered oil wells.  As interest continues to build, translation services will be needed to help petroleum executives communicate with the local public and government officials.  Sometimes, it can be difficult for the investors to select the most suitable translation company for their unique needs. In cases like these, it’s advisable to consult an experienced The Marketing Analysts Translation Service or another highly experienced translation company.

Mozambique is a rising economic power in the African world. If the political and economic stability continue, economists predict that the country’s GDP will grow at an annual rate of 7.7%. Most recently, the economic sector of Mozambique has been heavily influenced with discoveries of natural resources like coal, salt, graphite, precious stones, marble, oil and especially the large reserves of natural gas. Foreign investors have been concentrating mainly on developing the industrial and energy sectors of Mozambique. Still the county’s infrastructure requires a significant investment. More roads, railway tracks and bridges need to be built to improve logistics.

The country has a lot to offer foreign investors. In a few years’ time, Mozambique will be one of the most economically strong countries in the African continent.

Africa As A Land Of Opportunity

The primitive continent of Africa, unexplored by foreign investors, was labeled as an under-developed country and didn’t attract much attention of the outside world for many years. It was considered a land with limited resources, often struck with drought and epidemics and its only redeeming feature was the wide range of wildlife it had. But now things have changed and Africa is a place of attraction for foreign investors.  The oil and gas reserves located in many African countries like Sudan, Algeria, Nigeria, Tunisia, Egypt, Angola and Chad have enthralled the foreign excavators and investors recently. And this recent development in the African Continent has resulted in a need for professional certified translation services.

The African economy has seen a boom in the last few years. This is due to a number of reasons. Not only new reserves have been found in Africa, which have created many job opportunities for the local public but the agricultural sector of Africa is also growing rapidly. Agriculture is the backbone of any country and with 600 million hectares of land, Africa can not only fulfill the food requirements of its own population but can also export the food produce to other countries as well, if the region could be improved technologically. New farming methods can increase the arable area. Here also, the African farmer needs to be given proper guidance and new farm equipment needs to be introduced. The heavy farm equipment could be utilized in a better way if their manuals are translated in Arabic, French and Portuguese which are the official languages of most of the African countries. For this purpose more Arabic translators, French translators and Portuguese translators are required. For developing countries, agriculture promises a flourishing economy, plenty of food for people, a high foreign exchange reserve and demand of other goods and services with the passage of time.

The African people are more aware than the past years. The African governments are interested in attracting more foreign investors. They have become more accepting of the changing times and the African man is more business-oriented than he ever was. More African men are investing in projects starting in their own countries. According to a rough estimate, six out of every ten investors in Africa are African. It shows that the Africans are investing more in their countries as compared to the foreign investors. A high internal investment rate consequentially brings more foreign investors as their faith in the country’s economic stability strengthens.

Agriculture done by modern methods is a type of business, often referred to as “agribusiness.” It requires a deep study of the climatic, geographical and economic factors of a particular region. Good agricultural produce is based on a few factors, namely, favorable weather conditions, the land’s proximity to water reserves, and the amount of money required to be invested for better production. The African countries need more skilled labor and still the literacy  rate is far lower than the required rate. Here also the local population can be trained and educated with the help of foreign educators with the help of translators/interpreters.

Things have changed over the past few years and Africa is no more an under-developed region. It is developing and modernizing with the passage of time. The new investment opportunities and the discovery of oil and gas reserves have created plenty of jobs for translators and foreign investors can hire the services of professional Portuguese and French translators with the help of translation service companies like the Chinese translation services company and the Miami translation services company.

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Working in Spanish or any of over 145 languages, your energy translation project will be completed in-house with the support of native-speaking professionals who have hands-on experience in manufacturing, oil, petrochemicals and mining industries. They know the critical role this information can play when it comes to safety issues, certifications, management decisions and economic concerns.

Whether it’s multinational investments or contracts with Latin American firms; sales, marketing or product information for Latin American energy suppliers; police clearances and visas or documents for multinational consulting services, your message will come through with clarity.

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When it comes to translation, we get it right the first time by employing experienced professionals who are native to the target language.   Once your translation is complete, all translated documents are proofread, ready to print and typeset when needed.  Our proven project management methods ensure on-time delivery and complete accuracy.

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US TOLL FREE: 866-371-4863
INTL:
239-243-0767
FAX: 480-393-5183
Email: info@themarketinganalysts.com