Beermaker Cervejas de Moçambique (CDM) announced on Wednesday that it will build a new beer factory in the Marracuene district of Maputo province this year, with an investment of around US$180 million.
The new venture will employ more than 1,000 workers and produce about 200 million litres of beer per year, CDM said.
Work on the project is scheduled to begin in the last quarter of this year and its delivery for a year later.
CDM expects to create about 1,000 jobs in the construction phase and just over 235 direct jobs in the start-up period, according to the chairman of the Board of Directors, Tomaz Salomão.
CDM’s last major investment in expanding its production capacity was made in 2010, when the Nampula plant was built, as part of an investment of about US$65 million. (macauhub)