Mozambique: Massingue rejects measure ordered by CTA board of directors - AIM
Macauhub / Nacala Port.
The second phase of the modernisation and expansion works of the port of Nacala may start this year. Currently preparatory work is underway to launch tenders for the project, the provincial governor of Nampula, Victor Borges said recently.
This work, costing US$270 million, includes reconstruction and expansion of the pier, acquisition of general cargo handling equipment, construction of the railway container terminal and improvement of access roads.
In May 2015, the Ambassador of Japan in Mozambique, Akira Mizutani, signed an agreement with the government of Mozambique to grant a loan of US$280 million to finance the second phase.
The first phase of the project was also funded by the Japanese government, which disbursed US$84 million, totalling, with the recent agreement, more than US$360 million.
Work on the first phase, which included repairing the north pier, paving the container terminal, installation of equipment to modernise fuel operations and construction of a new railway terminal was awarded to Japanese company Penta – Ocean Construction Co Ltd.
The port of Nacala, in addition to serving Mozambican commercial operators and farmers is the gateway for goods entering and exiting neighbouring Malawi.
Leave a Reply
Be the First to Comment!
You must be logged in to post a comment.
You must be logged in to post a comment.