This was a "strategic orientation" so that, in the next two years, Mozambique can "produce vegetable oil in a structured manner through the national production of these crops".
Correia said that currently Mozambican exports of vegetable oil earn the country 150 million US dollars a year - but he believed the southern African market alone could bring in a billion dollars a year.
Correia said the IAM would expand its activities beyond cashew to other nut crops, particularly macadamia.
There is an expanding market for macadamia nuts, and Correia wanted to see macadamia become a significant cash crop in Mozambique.
Globally, the market for nuts is estimated at around 92 billion dollars a year, and so far Mozambique has concentrated almost solely on cashew nuts.
