Mozambique: British firm to invest 350 million meticals in meat production

29 April 2009

Maputo, Mozambique, 29 April – British-owned company Desenvolvimento e Comercialização Agrícola (Deca) plans to invest 350 million meticals (around US$13 million) in a project to produce meat in Mozambique’s Manica province, a government source told Macauhub Tuesday in Maputo.

Carlos Moisés, the local delegate for the Mozambican Centre for Investment Promotion (CPI), told Macauhub about the investment planned by Deca, a company that is 75 percent owned by British group Central African Mining and Exploration Company (CAMEC).

Moisés added that the new project required an area of 10,000 hectares to be made available, as Deca currently had 2,000 head of beef cattle in an area of 1,000 hectares, but added that “this is a very important project and the government is doing all it can for the company to have the necessary land to carry out its project.”

Deca, which is also part-owned by Mozambican investors, has interests in the agricultural, milling, agri-livestock and agricultural retail sectors, amongst others, in various parts of Mozambique.

A source from Deca told Macauhub that the company was investing in the import of beef cattle of the best breeds available in South Africa and that and that it would build an abattoir that would function in line with European Union standards.

Manica province has potential for many type of crop and was once the largest producer of oranges and bananas in Mozambique. (macauhub)