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Mozambique: Chinese Jiangsu Huaxi Group to grant $6.2 million to develop grapefruit sector

Mozambique: Chinese Jiangsu Huaxi Group to grant $6.2 million to develop grapefruit sector
  • Comments   -   Wednesday, 16 May 2018 - 15:15

(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.

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