Heineken invests $100m in Mozambique brewery
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Heineken invests $100m in Mozambique brewery

Posted ARNALDO VIEIRA in Luanda

on  Tuesday, December 5  2017 at  12:46

International brewer Heineken Holding has laid the foundation for its first $100 million brewery in Mozambique, local media confirmed.

Online publication Business Report said the brewery in Maputo Province, would have a production capacity of 0.8 million hectolitres.

“The first bottle of beer is expected to come off the production line in the first half of 2019,” Business Report said.

Direct jobs

The investment in Mozambique is expected to create 200 direct jobs and support additional indirect jobs through its entire value chain.

The Amsterdam-based Heineken Holding is the world’s second-largest brewer.

In Africa, it has units in Nigeria, the Democratic Republic of Congo and Cote d'Ivoire.

Signs of recovery

Heineken has over 170 beer brands, owns over 125 breweries in more than 70 countries and employs approximately 57,557 people worldwide.

Heineken Mozambique started its activities in 2016 through a sales and marketing office, importing international beers, including Heineken, Amstel, Amstel Lite and Sagres to offer more choice to local consumers.

A World Bank Outlook says the Mozambican economy was showing signs of recovery after a difficult 2016, which saw a sharp slowdown in growth and shocks to both the country’s currency and to inflation.