Jan 092009
As reported in Macau Hub, foreign investment in Cape Verde almost doubled through 2008.
The good news was announced by Cabo Verde Investimentos which stated that 19 investment projects were approved in 2008 representing an increase of 46% on the previous year.
The actual amount of foreign investment almost doubled from 1.149 billion euros in 2007 to 2.639 billion euros last year.
See the article on Macau Hub for more details of investments by islands and projects expected to launch in 2009.
Tourism accounted for 99% of total FDI in 2008 as compared to 97% percent the previous year and interestingly significant growth was seen in investment from the United Kingdom, Sweden, Belgium and Ireland.
