This Decree, consisting of 23 articles, creates the Blue Economy Development Fund, FP (ProAzul, FP). ProAzul, is a government financial mechanism that works in partnership with different sectors of the State, the private sector and civil society so that strategic and financial resources are aligned with effective initiatives for sustainable exploitation of inland waters, sea and coastline. Its attributions are, among others, the promotion and guidance of private investments for priority projects and actions of the Blue Economy and the fund raising and availability of financial resources for projects and actions of the Ministry of sectorial supervision, as well as the other public and private institutions involved in the activities of the Blue Economy value chains, etc.
Mozambique · 2019-11-27