Mozambique: Nampula governor chairs Tobacco Arbitration Provincial Committee meeting
Thailand wants 100,000 hectares in Mozambique to grow trees for paper production
12:51 CAT | 23 May 2018
File photo: O País
The Permanent Secretary of the Thai Ministry of Commerce this morning visited the headquarters of the Confederation of Economic Associations of Mozambique to review the state of trade between the two countries and discuss likely future partnerships between Mozambican and Thai businessmen.
At present, a Thai company says it is interested in growing trees in Mozambique. Speaking moments after the meeting with the CTA’s board of directors, Nuntawan Sakuntananga said the project would be one of the largest producers in the world.
Close to a port and a river
“A hundred thousand hectares of land for the cultivation of these trees. Close to a port and a river, as you need water for irrigation. If the plantation works, we will build a paper mill here in Mozambique. ”
The representative of the Thai Ministry of Commerce said that in addition to the US$200 billion that her country spent on importing products from Mozambique, it is also intended to boost business through the purchase of gas to be extracted from the Rovuma Basin from 2022.
Mozambican businesspeople, represented by João das Neves, chairman of the tourism sector at CTA, said he welcomed the idea and pledged to do everything he could to ensure the country did not lose the investment.
Source: O País
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