Maputo, Mozambique, 24 Feb – Mozambican company Rei do Agro is investing US$5 million in the current agricultural campaign in the Gurué district of Zambézia province, to produce soy, a cash crop, according to Mozambican daily newspaper Notícias.
The newspaper added that the company had prepared 500 hectares of the 1,500 it has available for production of the crop and added that a variety of imported agricultural equipment had arrived in the district with a view to, in the long term, produce cooking oil and make use of the resulting bagasse.
The district administrator of Guruè, Joaquim Pahare, said that soy production could expand over the next two agricultural campaigns as a number of investments had been secured.
As well as the private sector, specifically the Rei do Agro and Hoyo Hoyo companies, which have announced investments of US$68 million, Clusa, a non-governmental organisation based in Nampula, signed an agreement a few days ago with the provincial government for the concession of 1.8 million meticals to promote activities related to soy production.
The Gurué district, located in the north of Zambézia, is the province’s “granary” and has potential to grow a number of crops, including soy, which although it was produced in the colonial period, was abandoned during Mozambique’s civil war.
Since the 2009/2010 agricultural campaign soy production ahs been on the rise in the district and in the 2010/2011 harvest, for example, production totalled 8,400 tons from an area of 4,200 hectares. (macauhub)