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Mozambican President Filipe Nyusi on Friday inaugurated a cashew processing factory and a four star hotel, both resulting from investment by private Chinese companies, in the northern port city of Nacala.
The investment in the new factory, CN Caju, was about 331,000 US dollars and it has the capacity to process 15 tonnes of cashew nuts a day.
The company manager, Correia Eugenio, told AIM that a market has been identified for the factory’s product. “We have contacts with buyers from Vietnam, and within weeks we shall make our first delivery of nuts. Unfortunately they will not be fully processed”, he said
CN Caju currently employs 52 workers, 20 of whom are women. All except two of the work force are Mozambicans.
Nyusi congratulated the workers on their new jobs, recalling that at the rally he had addressed in Nacala earlier in the day, he had heard complaints about lack of employment. “We know it’s impossible to give everybody jobs at the same time”, he said, “but this is a good initiative. So I ask you to maintain this plant and contribute to the development of the country”.
The new hotel, Hotel do Sol, cost the investors 1.7 million dollars. It has been operating on an experimental basis for the past four months, before Friday’s official inauguration.
“We are satisfied”, said the hotel’s general manager Marqes Francisco. “It’s a good business and we are well located to provide the public with accommodation and restaurant services. We’ve begun with 32 workers, but by July we hope to be employing 50”.Source: AIM