Construction work on a cooking oil refinery in the city of Cuamba, in Niassa province, northern Mozambique, of the João Ferreira dos Santos Group, is due to begin in February 2019, said one of the group’s officials.
Manuel Delgado, managing director of Sociedade Algodoeira do Niassa (Niassa Cotton Company), told daily newspaper Noticias that equipment for the cooking oil refinery, which will make oil from a mixture of cotton seed, soybeans and sunflower seeds, was commissioned in India.
Assembling the equipment in the factory, together an investment of 90 million meticais or about US$1.5 million, will begin after the completion of the construction work, and should not take more than three months.
The local market and the provinces of Niassa and neighbouring Nampula and Zambézia, because of their location, are the main markets for the cooking oil. A specialised laboratory will be installed inside the refinery to analyse the oil and establish if it is fit for human consumption.
Noticias also reported that the initiative of the João Ferreira dos Santos Group to set up a cooking oil refinery in the city of Cuamba will reduce pressure on the central bank to provide foreign currency to business people to cover import operations of that basic product. (macauhub)