Mozambique Leaf Tobacco Opens Processing Unit in Tete Province

Source from:  Maputo, Mozambique, 09 May 05/10/2006

Mozambique Leaf Tobacco, a subsidiary of US company Universal Corp., this week opened a new tobacco processing unit in Mozambique's Tete province, Mozambique's Center for Promotion of Investment (CPI) said. According to a statement issued by CPI, the new unit, with a processing capacity of 24,000 metric tons of tobacco, is Universal's first in Mozambique, a country which is Africa's second largest Burley variety tobacco producer. Setting up the unit required an investment of around US$55 million. Tobacco, together with cotton and cashew nuts, is one of Mozambique's main agricultural export products and sources of foreign currency. In Africa, Mozambique's tobacco production is second only to that of Malawi. Enditem