Japanese company invests US$10 million in wood processing factory in Mozambique

3 August 2011

Maputo, Mozambique, 3 Aug – Japan’s Sojitz Corporation, represented in Mozambique by Sojitz Maputo Celulose Limitada (SOMACEL) Tuesday announced an investment of US$10 million for construction of a wood processing factory in Mozambique’s capital, Maputo.

The factory, which will be built this year at the port of Maputo will use technology from Japan to process and export wood chips, as well as raw materials for making paper.

This is the first time that Sojitz is operating in the wood chip sector in Africa.

SOMACEL plans to buy raw wood from Mpumalanga province in South Africa, and from the eucalyptus and acacia plantations of Swaziland, and export it to Mozambique, where it will be processed.

According to Sojitz Corporation the factory, which will employ 70 people, will supply 200,000 tons of dried wood chips per year to a paper manufacturer in Japan. (macauhub)

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