Brazil’s Odebrecht says it plans to invest $20 million to build a cassava processing plant in Mozambique’s southern Province of Gaza next year, APA reports on Wednesday. The Brazilian firms says cassava starch will be naturally-modified for cereal food products and more than one thousand local farmers will in involved in the cultivation of 5,000 hectares each.
“It is intended that this project will increase production and agricultural productivity through the use of sustainable cutting-edge technologies for tropical agriculture, promoting the integration of population, by qualifying via family farming oriented to the market,”
said the company delegate administrator, Félix Martins, quoted in a brief interview with APA.
Odebrecht hopes to expand to the central province of Zambezia with plans to initiate similar projects in the districts of Mocuba and Lugela where a new initiatives such as poultry will be unveiled with an investment of a$65 million to install a production line, comprising a feed mill and a slaughterhouse.
Odebrecht is the largest engineering and construction firm in Latin America and 12th largest in the world, with over 70 years of existence and presence in over 20 countries, including Mozambique.