Maputo, Mozambique, 8 Aug – The sugar industry is among those that have most progressed in Mozambique, with production rising from 13,000 tonnes when the civil war ended in 1992 to a projected yield of more than 400,000 tonnes this year, indicates the country’s Association of Sugar Producers (Apamo).
A report from the association cited by Mozamique’s AIM news agency shows that the highest growth rates began to appear in the last decade, when production volumes rose to 100,000 tonnes annually.
Besides the initial investment of US$540 million approved by the Investment Promotion Centre (CPI), there was additional investment of US$260 million for the 2008/2009 biennium, Apamo states.
This investment financed projects to expand sugar production facilities in Xinavane and Maragra, both located in the Manhiça district of the southern province of Maputo.
Mozambique counts a total of four sugar production factories.
The result of the investment in production, both planned and completed, enables a production increase to nearly 600,000 tonnes by 2015 to be envisaged.
Sugar production this year alone may increase by more than 41 percent over 2010. It is estimated that the country may obtain more than US$90 million from sugar exports during the current year, which represents an increase over the previous season. (macauhub)