Investors from Vietnam granted 40,000 hectares of land in Nampula, Mozambique

17 February 2012

Nampula, Mozambique, 17 Feb – The government of Mozambique’s Nampula province said Thursday it had granted over 40,000 hectares of arable land to Vietnamese investors for producing and processing cashew nuts, cassava and wood.

According to Rádio Moçambique, the concession is the result of economic cooperation between the Mozambican province of Nampula and the Vietnamese province of Binh Phuoc.

Nampula province has a total of 4.5 million hectares of arable land but only around 1.7 million hectares are currently being used. (macauhub)