** FOR SALE **
Deep Water Produce - Mozambique

Integrated Tilapia Aquaculture Project

Deep Water Produce (DWP) Lda, is a Mozambican company within the EMVEST group of Companies (www.emvest.com) developing a large, cage based, Tilapia aquaculture project at Lake Cahora Bassa in Tete Province, Mozambique.

The following assets have been secured by DWP:
• Investment approved and granted tax benefits by the Mozambican government;
• An aquaculture permit by the Ministry of Fisheries for 7.2 million fingerlings and 5000 mt/year production for an initial period of 10 years, renewable;
• Land concession over 11 ha on the shores of Lake Cahora Bassa with direct access to tar road and power line;
• Water rights in terms of water abstraction and mooring of cages in the lake, valid for 20 years up to 2033, renewable;
• EIA (Environmental Impact Assessment) license valid for 5 to up to 2018, renewable; • Wooden A-frame guest house on the land plots belonging to DWP.

EmVest will sell the project and transfer 100% of DWP Lda company shares and the rights of assets and permits obtained to develop the business.

For further information, please contact: Susan Payne, EmVest Agri Corp, Office:+44 1428 647200, E-mail: susan.payne@emvest.co.uk

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