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Cape Verde Property Investment News
Cape Verde government 'to attract more investors'
The Cape Verde government is aiming to boost the amount of overseas investment in the country, it has been reported.
MacauHub quoted economy minister Jose Brito as saying that structural reforms across the islands would be sped up in order to attract more foreign investors to the region.
The comments came alongside official figures which showed that Cape Verde had received almost £500,000,000 in overseas investments since 2001.
Various sectors were found to have benefited as a result, including tourism, property, construction, banking and finance.
Officials have predicted that the overall amount of investment could go up to as much as £4 billion within the next four years, potentially generating thousands of jobs and providing a considerable economic boost.
Earlier this month, MacauHub reported that during 2006, the country's economy grew by the highest rate in almost a decade last year.
The news provider quoted a representative of the International Monetary Fund, who said that Cape Verde experienced economic growth of 10.8 per cent last year.
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