Mozambique: Company from Mauritius invests US$400 million in ethanol production

8 October 2008

Maputo, Mozambique, 8 Oct – Mozambique Principe Energy, a Mauritius-based company, has invested US$400 million in ethanol production in the Sussundenga district of the central Mozambican province of Manica, the district’s director told Macauhub in Maputo.

Mariazinha Niquice said that the project would produce 1.2 billion litres of ethanol per year, which would be exported to European and other regions.

Production is scheduled to begin in 2011, the district director said.

The Mozambique Principe Energic project will be implemented across and area of 18,000 hectares and is expected to employ 2,600 people.

Mozambique is the setting for many investments in fuel production.

Procana is a similar investment project worth US$500 million being implemented in Gaza province, in southern Mozambique. (macauhub)