Mozambique: Deflation of 0.07% in June
From left to right: Chairman of Ports and Railways of Mozambique, Miguel Matabel, Minister of Transport and Communications, Janfar Abdulai, and the Executive Director of the Maputo Port Development Society (MPDC), Osório Lucas. ]Photo: Notícias]
Minister of Transport and Communications, Janfar Abdulai, the Chairman of Ports and Railways of Mozambique, Miguel Matabel, and the Executive Director of the Maputo Port Development Society (MPDC), Osório Lucas, yesterday signed an addendum to the Concession Contract for the Port of Maputo, incorporating an additional area of 138 hectares of space.
The size of the MPDC concession thereby expands from 140 to 278 hectares.
The expansion of the Port of Maputo concession area was approved through Decree no. 11/2022, of 4 April, with the aim of increasing the infrastructure’s storage and handling capacity.
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The decision to expand the area aims to respond to the dynamics of the port, which has pushed to the limit the use of its current capacity. The signing of the addendum yesterday therefore assures the continuation of ongoing investments.
‘Notícias’ has learned that the extension of the concession creates conditions for, among other objectives, the construction of two rail lines with an unloading capacity of 50 wagons each, increasing the railway capacity for handling chromium from the current 2.2 to 4.2 million tons per year.
The ore storage area will also be regularized at a capacity of 9.2 million tons/year; new storage areas will be created by reclaiming from the sea a total of 15 hectares ; and the the coal and magnetite storage area at the Matola Coal Terminal will expand its capacity from the current 7.3 to 12 million tons/year.
The existing cabotage terminal is also to be rationalised, increasing the availability of quays, among other gains.
It will be recalled that the Port of Maputo recently presented its new master plan, foreseeing an increase in volumes of cargo handled from the current 22 million to 42 million tons per year by 2033.
Maputo Port Development Company (MPDC) is a private-led consortium that holds the lease on the port until 2033, with an option to extend the lease for a further ten years. The partners in the consortium are DP World of Dubai, Grindrod of South Africa, the Mozambican private company Moçambique Gestores, and the publicly owned Ports and Railways company, CFM.
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