Trans-national company invests US$11 million in mill in Mozambique

22 June 2007

Maputo, Mozambique, 22 June – Desenvolvimento e Comercialização Agrícola (DECA) has silos to store 18,000 tons of maize and plans to build others with 12,000 tons of capacity, Euan Kay, the company’s director general told Mozambican newspaper Notícias.

DECA’s, industrial mill, which was recently opened by Mozambican president Armando Guebuza during his working visit to Manica province, currently has an installed capacity of 120 tons of maize flour and 30 tons of meal per day.

Construction of the mill, which began in September 2005, represented of an investment of US$11 million and it is controlled by the CAMEC (Central African Mining and Explorations Company, a transnational company that operates in five African companies, including Zimbabwe.

The flour produced at the company will supply not only the Mozambican market, but is also exported to several countries in the region, Kay told the paper.

DECA plans to open, in the short term, a branch in Tete province and during 2007 will spend around US$4 million on acquiring maize from local producers and for that purpose has 20 purchase points spread over several locations and districts in the provinces of Manica, Zambezia and Sofala. (macauhub)