Mozambique: Rehabilitation of Anchilo section of N1 to be concluded within two weeks
Mozambique and Malawi sign landmark transport corridor agreement today
11:58 CAT | 15 Sep 2017
The Mozambican and Malawian governments will sign an agreement in Maputo today to expand the Nacala Development Corridor, a 900-kilometre railroad that crosses both countries and runs to the Indian Ocean.
The agreement will enable the corridor to evolve, “as well as fostering economic growth through the promotion and coordination of economically viable businesses in the transportation, agriculture, commerce, mining and tourism sectors”, the Mozambican government has announced.
The agreement will be signed by the Minister of Foreign Affairs and Cooperation of Mozambique, Oldemiro Baloi, and the Minister of Transport and Public Services of Malawi, Jappie Mhango.
The Nacala Development Corridor was formally inaugurated in May. The EUR 4.1 billion investment is funded by the Brazilian mining company Vale to link its mines in Moatize, in the western part of central Mozambique, to the port of Nacala, from where the coal is exported worldwide.
A section of the railroad between the Mozambican provinces of Tete and Niassa crosses Malawi, and in addition to exporting a projected 18 million tons of coal per year, the route also transports goods and passengers, unlocking remote areas without adequate communications to date.
Source: Lusa
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