Trade reforms have begun albeit that a weak and bureaucratic administration has made their implementation slow. Important new private projects such as the extensive game park for Maputoland and the Mocita Cashew Project are being approved. These are in addition to the promotion of key infrastructural and industrial projects such as the Pande Gas Project. New investments in the electricity sector and resumed export of energy from Cahora Bassa Dam are also expected. There is much potential in agriculture, mining, tourism, strategic transport corridors such as Beira and the Maputo Corridor.
Basic infrastructure relating for example to education and health, remains very poor.
Poverty-reducing economic growth has to be achieved while dependence on external aid is reduced. A weak and bureaucratic administration is hindering the speed of reform. New investors have encountered bureaucratic obstacles in the form of additional import tariffs despite the formalization of an investment code. Large current account deficits are the result of poor tax collection , stagnant export earnings and other factors. The loss of the Eastern Bloc as an export market has weakened export earnings.