Japan opens investment promotion office in Mozambique
The Mozambican government and Thai Mozambique Logistics are today signing an addendum to the concession contract for the port and the railroad of Macuze, to be built in the centre of the country, in which the Portuguese company Mota-Engil is participating, an official source said.
The signing will take place at the site where the deep water port of Macuze will be built, 35 kilometres north of Quelimane, capital of the central province of Zambézia.
The Moatize-Macuse railroad, with an initial planned length of 500 kilometres, was designed to carry from mines in the interior province of Tete. In August, the concessionaire announced an extension of 120 kilometres, proposed by mining companies and banks that finance the project, to extend the line to the Chitima region as well.
At the time, the president of Thai Mozambique Logistics, Abdul Carimo, said that the review of the project had created conditions for the beginning of work next year.
The Macuse deep water port will be able to receive vessels of large draft that will mainly transport coal extracted from the province of Tete and serve neighbouring countries without direct access to the sea.
The work, budgeted at almost US$2.4 billion, will be executed by a consortium involving the construction company China Machinery Engineering and Mota-Engil, and is expected to be completed in 2021.Source: Lusa