Italian business association interested in investing in Mozambique

9 March 2011

Maputo, Mozambique, 9 March – The Italian association of companies that operate in the ethyl alcohol (ethanol) of agricultural origin production sector plans to set up a molasses refinery industry in Mozambique, Rádio Moçambique reported.

According to the the radio station, which cited the information bulletin of the Mozambican Confederation of Economic Associations, Associazione nazionale industriali distillatori di alcoli e di acquaviti (Assodistil) plans to find Mozambican partners to carry out ist project.

“As a first step to moving ahead with the project, the company is requesting the contacts of similar Mozambican companies that are interested in setting up a partnership,” the information bulletin said, without providing further details.

Ethanol of agricultural origin has food, industrial and pharmaceutical applications. (macauhub)