Mozambique: Chinese Jiangsu Huaxi Group to grant $6.2 million to develop grapefruit sector
(Ecofin Agency) - Mozambican province Manica will benefit from a grapefruit production project worth 374 million meticals ($6.2 million), the region’s governor Alberto Mondlane announced.
The initiative will be funded and led by a pool of Chinese investors, powered by the consortium Jiangsu Huaxi Group. In this regard, Wu Xie'en, president of the consortium, said that a request for 2000 hectares to implement the project has already been submitted.
Mr. Mondlane indicated that at the end of this 3-year project, the largest share of harvest will be shipped to Europe and China.
Back in 2016, Mozambique produced about 78, 800 tons of citrus fruit.