Mozambique, Malawi eye one stop border to increase trade volumes in Nacala Corridor

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Mozambique, Malawi eye one stop border to increase trade volumes in Nacala Corridor

11:55 CAT | 08 Aug 2016

File photo / Malawi border

Mozambique and Malawi are implementing road projects in order to establish one-stop border between the two countries, a part of an initiative to increase trade volumes in the Nacala Corridor by five percent by 2017 and 15 percent by 2027, APA learns here on Saturday.

The Nacala Development Corridor, CDN is intended to be an effective guideline for development, promotion of public and private investment, sustainable management of resources and strengthening of economic and social growth in the north regions of Mozambique bordering Zambia,

Tanzania and Malawi and it represents the shortest distance between these countries but is being underused due to poor passability of road conditions.

“This is a project that is intended to increase traffic in the corridor. The feasibility study was funded by the African Development Bank (ADB) for the rehabilitation of Liwonde-Mangochi section in Malawi. The aim of the project is to provide equally good conditions transitability in the process of Lusaka (Zambia) to the port of Nacala via Malawi, while removing non-tariff barriers at border posts, “said an official source from the Mozambican ministry of transport and Communications.

The natural deep-water port of Nacala is a trans-shipment hub for landlocked countries including Malawi and Zambia and has been used to handle regional exports of fertilizer, sugar, wheat and tobacco.

Malawi is the biggest user of the port.

CDN is owned by the Mozambique Ports and Railways Company (CFM) and the Sociedade de Desenvolvimento do Corredor do Nacala, which hold 49 and 51 percent of the company, respectively.

Source: APA