Mozambique: Heinekens investment project at an advanced stage of implementation
Heinekens investment project in Mozambique is at an advanced stage of implementation, according to the director of the governments Investment Promotion Centre (CPI), Lourenco Sambo, Club of Mozambique reported on May 18.
Speaking in the Hague to Mozambican reporters who are accompanying President Filipe Nyusis official visit to Holland, Sambo said Heineken wants to build a brewery in Manhica district, about 80 kilometres north of Maputo, in which it is prepared to invest 100 million dollars.
But it is pushing for lower taxes on alcoholic drinks. The great dilemma is that it wants taxes like the ones it enjoyed in Ethiopia, for example, said Sambo. We also think the tax is too high, because there are even drinks producers that are closing in Mozambique.
Sambo said that a factory that used to produce spirits closed its doors because of the supposedly high level of tax. CDM (Beers of Mozambique), which produces the major brands of Mozambican beer, also decided not to branch out into spirits, because of the tax problem.
Sambo said the government intends to submit to the Mozambican parliament, the Assembly of the Republic, a bill to revise the tax because it is a barrier to investment.
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