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Mozambique seeks investors for cotton sector

07
Jun '19
Mozambique seeks investors for cotton sector
The Mozambique Institute for Cotton (IAM) is seeking investors to revive cotton production in the Zambezia province. The aim is to transform Mozambique into one of the biggest cotton producers, according to Helina Massengele, IAM representative for the northern province of Nampula, who also oversees the central Zambezia province and the province of Niassa.

Zambezia province, a former leader house in cotton production, is now relegated to the second place in the country.

Massengele said IAM plans to launch international public tenders for the occupation of areas abandoned by companies and farmers, according to a newspaper from Cameroon.

The Zambezia province plans to produce about 1,200 tonnes of cotton this year, a 68 per cent reduction from the previous harvest of about 3,800 tonnes.

However, cotton production remains considerably lower than at its pre-independence peak of 144,000 tonnes in 1974. (DS)

Fibre2Fashion News Desk – India


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