Economic growth in Mozambique likely to decline, warns IMF
Wikimedia Commons (File photo) / Beira's CFM central station
Mozambique is hosting a meeting on development corridors in the Southern African Development Community (SADC) in the city of Beira, Sofala province, with the participation of transport ministers from the sub-region.
At the heart of the discussions will be the planning and development of strategic infrastructure to enable the growth of freight and passenger traffic in the corridors, a statement from the Mozambican Ministry of Transport and Communications announces.
Whether by road or rail, development corridors link the SADC’s inland areas to Mozambique’s ports on the Indian Ocean – as is the case with the city of Beira.
Preceded by meetings of technical teams, the meeting of ministers bring together Mozambique, South Africa, the Democratic Republic of Congo, Malawi, Zambia, Zimbabwe and Botswana.
At the end of the meeting, it is expected that two Memoranda of Understanding on the Beira and the North-South Corridor development corridors will be signed.
The Beira corridor includes the Port of Beira, the Machipanda railroad linking Mozambique and Zimbabwe and National Road No.6.
The North-South corridor is a SADC initiative that aims to boost the development and better use of infrastructure in nine countries, from the port of Durban in South Africa to the interior of the Democratic Republic of Congo.Source: Lusa