Mozambique, Mauritius to invest US$300 million in Sugar plant
Officials of Mozambique’s state-run sugar Company ‘Companhia do Sena’ and a Mauritius consortium have disclosed plans to invest U$300 million to resume sugar production.
The plant will be located in Mozambique’s Luabo, central province of Zambezia on a former site of a sugar plant.
The Mozambican company’s director, Alain Escat told the state broadacter on Saturday that the project would begin in 2015, more than three decades after a factory was shutdown in the region.
Soil analysis for the planting of 15,000 hectares of sugarcane is currently under way.