Mozambique: President of VTB bank wants to discuss solutions, to come to Maputo
The Mitrelli group recently laid the foundation stone for the construction of a bulk grain terminal in the port of Nacala, Nampula province, northern Mozambique, according to local media reports.
Construction of the terminal will be carried out in two separate phases, the first of which includes a grain terminal with a discharge capacity of 300 tonnes per hour, a storage capacity of 40,000 tonnes and packaging facilities.
The second phase, to be developed during the third year of operations, includes the construction of a bulk fertilizer terminal adjacent to the grain terminal and of similar capacity.
Mozambican news agency AIM reported that the total investment is estimated at US$200 million.
The Mitrelli group, of Israeli origin, is present in three African countries, Angola, Ghana and Kenya, and the current investment is its first in Mozambique.Source: Macauhub