Sérvulo and MRA advises Government of Mozambique on the revision of the Investment Law
Sérvulo and MRA Advogados have advised Government of Mozambique on the revision of the Investment Law.
The consortium Sérvulo – MRA Advogados was the international consultant selected by the Government of Mozambique, within the scope of an international tender, to provide consulting services on the legal revision of the current Investment Law, a project funded by the World Bank.
Remember that the SÉRVULO – MRA Advogados consortium (of the Sérvulo Latitude ⦵ network) has been advising the Government of Mozambique on the various revisions of this Law, with the latest one taking place in March 2022. The consortium successfully concluded a series of three public consultations on the Draft Investment Law in Nampula, Beira, and Maputo in October 2022, which were attended by partners Tiago Mascarenhas (MRA Advogados), Francisca Mendes da Costa and Mark Kirkby (Sérvulo & Associados), and the consultant André Zibaia (Franco Zibaia).
In May 2023, the Mozambican Parliament approved a new Private Investment Law to increase the country’s attractiveness for domestic and foreign private investment.SÉRVULO and MRA Advogados advise on this legal revision. The objective of this consultancy was to support the Technical Team of the Government of Mozambique, led by the Agency for the Promotion of Investment and Exports, IP (APIEX, IP), in the global revision of Law no. 3/93, of 24 June, and other complementary and correlated legislation, making it a more modern law, better able to respond to the current challenges of the global market and aligning it with the best international practices and the highest standards imposed by the dynamics of the regional, continental and world economy.
“It was an honour for us to participate in such a relevant project, which represents a historical milestone in the transformation and consolidation of Mozambique’s position as a country of great strategic interest and high attractiveness and capacity to retain national and foreign private investment”, highlighted the partners Tiago Mascarenhas (MRA Advogados) and Francisca Mendes da Costa (Sérvulo).
