Port of Maputo to invest around 600 million dollars to increase cargo handling

Porto de Maputo vai investir cerca de 600 milhões de dólares para aumento do manuseio de carga

The Port of Maputo plans to invest around 600 million dollars in rehabilitating the infrastructure, including the quay, which should increase cargo handling, according to Osório Lucas.

Cargo handled is expected to increase by six million tons, from the current 37 million tons to 43 million.

This amount will be allocated to the first phase of infrastructure upgrading works to supply South African ports.

"We're going to start rehabilitating the port soon, because one of the clauses in this extension is that we have three years from the date the addendum is signed to carry out the first phase of investments, which is in the region of 500 to 600 million dollars. This means that there will be assets, such as the quay, which will have their capacities affected because we are going to intervene in these infrastructures," said the Executive Director of the Maputo Port Investment Company, quoted by the Mozambican newspaper. Radio Mozambique.

However, the Executive Director predicts that growth will not be as high as desirable because some infrastructures will be removed in order to rehabilitate and increase capacity.

With the approval of the extension of the Port of Maputo's concession contract for another 25 years, starting in 2033, several challenges will be imposed on the management of the infrastructure in order to strengthen its regional positioning.

"The reason for us asking for the extension is that we are aware of the state of play of South African ports. Everyone involved in the sector knows that South African ports are going through delicate times, from the condition of infrastructure and equipment services. This justifies a lot of the pressure that EN4 has been under. There is a lot of demand for Maputo's ports because of the condition of South African ports. Therefore, the Port of Maputo has to position itself immediately, otherwise it will lose its hegemonic position or market share. That's why making this investment now is strategic," he explained.

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