Standard Bank opens Africa-China Agent; trade with Mozambique hit US$2bln this year
Sasol. [File photo: Macauhub]
The China Road and Bridge Corporation (CRBC) has been hired to carry out emergency repairs on a 35-kilometre stretch of National Highway No. 1 (EN1) between Pambara and Mangungumete in Inhambane Province, southern Mozambique, at an estimated cost at US$5.9 million, the Mozambican press reported.
The work will be funded by South African petrochemical group Sasol, as EN1, which links the north to the south of the country, is a vital road for the group’s natural gas processing plant to operate.
Ovid Rodolfo, Sasol’s Managing Director in Mozambique, said “ensuring the repair of this section of EN1 is a safety imperative for our employees, stakeholders and the communities where we operate.”
The works awarded to CRBC include repairing the road surface, which is in very poor condition, and this section is used for the transport of condensate produced by Sasol and to transport people and goods.
Sasol signed a memorandum of understanding with the National Roads Administration (ANE) in June 2018, according to which EN1 emergency repair work would be carried out under a contract between Sasol, as financier, the China Road. and Bridge Corporation (CRBC) as a contractor and ANE, as the entity responsible for the contract.Source: Macauhub