Minister of Agriculture Erasmo Muhate of Mozambique
Africa's biggest ethanol production project, valued at 510 million dollars (359 million euros) will be developed in Mozambique from next year, Agriculture Minister Erasmo Muhate said on Friday.
Mozambique has signed and agreement with the London-listed Central African Mining and Exploration Company to invest US$510 million for the annual production of 120 million litres of ethanol by 2010, Agriculture Minister Erasmo Muhate said here on Thursday.
MAPUTO, Oct 12: Africas biggest ethanol production project, valued at $510 million will be developed in Mozambique from next year, Agriculture Minister Erasmo Muhate said on Friday.
Valued at $510 million, Africa's biggest ethanol production project will be developed in Mozambiquenext year, Agriculture Minister Erasmo Muhate said on Oct 12.
Muhate was replaced by Soares Nhaca - who until recently was deputy labour minister.
MAPUTO, Mozambique, Oct 13--Africas biggest ethanol production project, valued at $510 million (359 million euros) will be developed in Mozambique from next year, Agriculture Minister Erasmo Muhate said on Friday.
On presenting the results of the inventory, Minister Erasmo Muhate said that the country now had important information about the extent of its forest resources, their composition in terms of tree species and the commercial quantity of wood, as well as its geographic distribution.
Agriculture Minister Erasmo Muhate said the deal envisages raw material for the ethanol will be sugarcane planted over an area of 30,000 hectares in the southern province of Gaza.
Muhate has granted Procana provisional title to the 30,000 hectares in Massingir, valid for the next two years.