MediaNewsMerec invests US$8m in new pasta processing line

21 March 2022by kib_admin

Repost from Food Business Africa:

MOZAMBIQUE – The President of Mozambique, Filipe Nyusi has inaugurated a new US$8m pasta processing line in Beira, capital of the central province of Sofala.

The facility has been established by Merec Industries, the country’s largest integrated wheat and maize miller, with financial support from the bank Millennium Bim.

The new production line is the company’s fourteenth and is the largest in terms of capacity, being capable of producing 102 tonnes of pasta per day.

With the addition of this production line, the company’s output will grow to 234 tonnes per day or eight thousand tonnes per month.

Speaking at the ceremony, the President urged other companies to replicate this project in other provinces with good port logistics to reduce the asymmetries in industrial development which currently favour Maputo, Nampula, and Sofala.

According to reports by Club of Mozambique, the investment is a contribution to the national Industrialise Mozambique program, which looks to boost industrialization in the country based on local value chains, and thus attain self-sufficient in food production.

Launched in August 2021, the national Industrialize Mozambique program aims to reduce imports with competitive exports, to modernize the local productive capacity as well as to increase employment and generate income.

According to recent reports, production of cereals in Mozambique surpassed 1.9 million tons in 2020, registering the biggest increase in recent years…

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