The law is awaiting approval by the Council of Ministers before being voted on by the National Assembly. Specific performance requirements are built into mining concessions and management contracts, and sometimes into the sale contracts for privatized entities. Investments involving the government as a partner usually incorporate milestones which must be met for the investor to continue with the project. Customs exemptions are possible for the importation of capital equipment and raw materials. To qualify, a minimum investment of USD 50,000 and up-front approval from the Investment Promotion Center are required.
Legislation also supports the creation of export processing zones.
The Council has 17 working days to voice an objection before automatic approval kicks in. There is no question that corruption increased significantly during the years immediately preceding and following the peace accords. Government salaries were very low and confusing regulations carried over from the colonial and Marxist eras provided fertile ground for unethical behavior. Customs was a particular problem, as were the ports and the various concessioning authorities for land. But Mozambique is fortunate not to have a long history of corruption.