Mozambique: Climate Financing Strategy approved - Watch
in file CoM
The railway line through Malawi linking the Tete coal mines and the port of Nacala carried 11.5% more cargo between January and September of this year than in the same period in 2018.
“From January to September of the current year, in the rail component, the Northern Development Corridor (CDN) transported 398,000 tons, against 357,000 tons in the same period of 2018, corresponding to an 11.5% increase,” a statement from the management company this weekend reads, according to a Noticias report.
In the period under analysis, the CDN transported 417,000 passengers, an increase of 5.3%, and the volume of cargo handled at the port of Nacala reached 1.5 million metric tons, against 1.4 million in 2018 and 1.2 million in 2017.
Coal mining by Brazilian mining company Vale in Tete province made it possible to build the 912-kilometre railway, 200 kilometres of which cross Malawi, and a deep water port terminal in Nacala.
Vale partnered with Japan’s Mitsui and public company Caminhos de Ferro de Moçambique (Mozambique Railways) in an investment worth US$4.5 billion to enable it to export by sea.
The rail line also transports diverse cargo and passengers to Lichinga, capital of Niassa province.
The Northern Development Corridor (CDN) is a public limited company incorporated and registered in Mozambique, whose purpose is the integrated management, rehabilitation and commercial operation of Nacala port and Mozambique’s northern railway network.
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