A group of South Africans is expected to invest in sugar growing on a 10,000 hectare area in Mozambique's Zambézia province.
A district official is reported to have told news agencies that work on the sugar plant was expected to begin in the second half of 2012. 400 direct jobs and up to 3000 more downstream are hoped for from the investment.
The sugar plant would be Mozambique's fifth.
African Agriculture
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March 19, 2012
South Africans to invest in Mozambique's sugar sector
Categories investment, Mozambique, South Africa, sugar