Mozambique: GDP growth stood at 2.2% last year, the lowest since 2000
The Northern Development Corridor (CDN) handled 153,429 tonnes of miscellaneous cargo in the third quarter of this year, a 66% increase on the 92,281 tonnes handled in the same period of last year.
The CDN transported more than 161,000 thousand people in the same period, 34% more than the 120,000 target that had been set.
The CDN is responsible for the integrated management, rehabilitation and commercial exploitation of the Nacala Port infrastructure and the rail network in the north of the country, and manages the passenger train operating on the Nampula-Cuamba, Cuamba -Lichinga and Cuamba-Entre-Lagos lines.
“The good results we have been experiencing this year are the result of the hard work of our employees,” CDN Executive Director Wellington Soares said in a press release sent to AIM.
“We are creating more operational discipline, we have focussed and still save on commercial cohesion, seeking more volumes from other ports. We will continue to work at this pace, but always focusing first on people, health and safety,” he added.
Nacala port handled 565,000 metric tons of cargo in the third quarter of this year, compared to 389,000 thousand in the same period last year, and 20,000 TEUS (twenty-foot equivalent units), compared to 17,000 in the same period last year – improvements of 45% and 19% respectively.
More about CDN
CDN – the Northern Development Corridor, is a joint stock company constituted and registered in Mozambique, which aims for the management, rehabilitation and commercial exploitation of the Nacala Port infrastructure and the northern Mozambique railway, in an integrated manner. The Nacala Corridor Project spreads from the northern region of Mozambique throughout Malawi and Zambia creating an efficient and cost effective service which links the port of Nacala in the North of Mozambique with Malawi. The objective is to integrate synergies between the inter-modal transport systems, taking into account the environment which is a key aspect for the sustainable development of the region.Source: Notícias / cdn.co.mz
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