Vietnamese businesspeople from Binh Thuoc province to invest in Nampula province, Mozambique

21 February 2012

Nampula, Mozambique, 21 Feb – The conditions found in some districts of Mozambique’s Nampula province are very good for planting and processing cashew nuts and cassava, said Truong Tan Thieu, chairman of the people’s commission of Vietnam’s Binh Thuoc province.

A delegation from the people’s commission of the Vietnamese province, including businesspeople, that for five days visited the districts of Mogovolas, Ribaué and Meconta, received an area of around 30,000 hectares of arable land from the Nampula provincial government where the Vietnamese businesspeople can invest in producing and processing cashews and cassava, as well as wood.

Cited by daily newspaper Notícias, Truong Tan Thieu noted there was a lack of some basic infrastructure in the areas of transport, communications, electricity, water supply, as well as human resources with the necessary qualifications for the size of the projects to be implemented, principally in the cashew sector.

However, the two sides signed a document to move ahead with the agreement signed in 26 January 2011, during a visit by Nampula’s governor Felismino Tocoli, to Vietnam.

Under the terms of the document the Nampula government will provide the Vietnamese businesspeople with an area of 10,000 hectares to plant cashew trees and 30 hectares to set up a cashew nut processing factory in Mogovolas district as well as providing saplings for the planting programme.

For the cassava plantation, in Ribaué district, the provincial government will provide 20,000 hectares for production of the tuber and will provide improved varieties that are resistant to the region’s diseases.

In the forestry sector, in Meconta, the Vietnamese will be granted a forestry concession license and areas to install wood processing units. (macauhub)