Brazilian company SLC Agricola is starting their internationalization process in Mozambique. The company’s first move is to grow soybeans, said company president, Arlindo Moura, speaking to Brazilian newspaper Valor Economico.
After examination of several countries -namely Colombia, Paraguay and Uruguay, Russia, Ukraine and also other African countries – the administration of SLC Agricola decided for Mozambique for its greater political stability and incentives from the government. In Mozambique land is state-owned and SLC got a public concession of use for 50 years against payment of a symbolic value.
About SLC Agrícola
SLC Agrícola, founded in 1977 by SLC Group, is an agricultural producer, focusing on cotton, soybean and corn. The company has 14 production units strategically located in six Brazilian states and its business model is based on a large-scale, modern, production system, with standardized production units, thoroughly up-to-date technology and rigorous cost controls, underpinned by social and environmental responsibility.
SLC Group was founded in 1945 in the city of Horizontina, State of Rio Grande do Sul, by three families of German immigrants.