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Matanuska Mocambique plans to export 54,000 tons of banana

Matanuska Moçambique is expected to export 54,000 tons of grown bananas to the Middle East this year. The bananas are grown at the company's agricultural unit in Metocheria, in the Monapo district of Nampula province, the company’s chief executive said.

John Dwyer told daily newspaper Notícias that as of 2014 the company was expected to export 70,000 tons of bananas per year.

“What we do here is almost nothing as we are competing with nations with production that is already consolidated, such as the Philippines, which every year places over 3 million tons of bananas on the Middle Eastern market,” Dwyer said.

He said that Matanuska had sought to differentiate itself through the quality of its fruit, which he said had ensured there was year round demand.

According to Dwyer, every week a ship moors at the port of Nacala, some 100 kilometres from Matanuska’s land, to carry the bananas to Port Louis, on Mauritius, from where it travels onwards to Saudi Arabia or Iran.

Matanuska has invested around US$50 million in Monapo in an estimated area of 1,400 hectares, which will increase to 3,000 hectares provided by the Mozambican government.

The company is owned by Matanuska Africa, a partnership between Matanuska Mauritius and the Rift Valley Corporation, of Zimbabwe.

Source: macahub.co.mo
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