Tourism and Investment Opportunities
“A Country at the heart of the World”
Cabo Verde’s geographic location, mild climate, landscape diversity, wealth of cultural resources, political and social stability and economic opportunities make the archipelago a privileged destination for tourism and investment. Other relevant factors are the various special and preferential agreements which Cabo Verde is part of.
The transformational agenda in place has allowed significant improvements in the doing business environment. For the second year in a row, in 2012, Cabo Verde has been placed by IFC’s Doing Business Report among the top ten reformers, with significant advances in the areas of Registering Property, Getting Credit and Resolving Insolvency.
The archipelago is served by 4 international airports (Sal, Praia, Sao Vicente and Boavista) and regular international flights to and from Europe, USA, Brazil and Africa. There is also a road network with high penetration. FDi Magazine rated Cabo Verde among the top African countries in infrastructures in 2011.
It enjoys high technology (optic fiber) telecommunication system with access to the main global telecommunications services (internet, fax, cellular phone, datanet).
Priority areas for investment are as follow:
- Tourism (eco-tourism, nautical sports and activities, fun centers, golf, conferences tourism)
- Industry (civil construction, food processing, clothing, footwear, salt, ornamental stones, graphical,
- Services, including international shipping, inter-island connections and international conference services
- Renewable Energy (Click here to read Cabo Verde’s Pledge)
For more information on investment opportunities and fiscal policy, please also consult www.cvinvest.cv .
(Excerpt from here)