The Anheuser-Busch InBev group, the world’s largest beer producer, will start construction of a brewery in Mozambique with a capacity of 2 million hectolitres before the end of the year, the group’s president for Africa said on Tuesday in Johannesburg.
Ricardo Tadeu said that this investment aims to respond to rival group Heineken and help AB InBev meet demand in a market that grew by more than 20% year-on-year in the first half of 2018.
Tadeu was quoted by Reuters as saying that the group can not disclose the amount to be invested in the new plant, but added that the land acquired to install it is big enough for future expansion of this project.
The Anheuser-Busch InBev group, which in 2016 paid around US$100 billion to acquire rival group SABMiller, produces two of the most popular beer brands in Mozambique – 2M and Laurentina.
The Heineken group is expected to start producing beer in Mozambique from the first half of 2019 at a factory that will cost US$100 million, with a production capacity of 800,000 hectolitres per year and whose first stone was laid in the district of Marracuene, province of Maputo in December 2017.
Heineken Mozambique started operating in 2016 with a sales and promotions office and with the import of beers such as Heineken, Amstel, Amstel Lite and Sagres in order to extend the quantity of products available to Mozambican consumers. (macauhub)