On Friday (23), the government and the Maputo Port Development Company (MPDC) signed an addendum extending the concession contract for the Port of Maputo. The deal is valued at 2.6 billion US dollars and authorizes MPDC to continue its operations in Maputo for another 25 years, counting from...
Tag: Maputo Port
State could raise 8 billion dollars with new Port of Maputo concession
The Mozambican state could raise around eight billion dollars by extending the concession contract for the Port of Maputo, the Director General of the Port of Maputo Development Company revealed on Wednesday (21). The government has decided to extend the Port of Maputo concession contract for another 25 years,...
Port of Maputo: Government signs new concession contract to boost regional competitiveness
On Friday (23), the government will sign an addendum extending the Port of Maputo's concession contract for a further 25 years from 2033, as a strategy to deal with future developments at the Port of Durban in South Africa. The information was revealed today by the Director General of the...
Port of Maputo to invest around 600 million dollars to increase cargo handling
The Port of Maputo plans to invest around 600 million dollars in rehabilitating the infrastructure, including the quay, and should increase cargo handling, according to Osório Lucas. The 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...
"We are right": Minister Magala responds to criticism of the extension of the Port of Maputo concession contract
The Minister of Transport and Communications, Mateus Magala, believes that civil society's interpretation of the extension of the Port of Maputo concession contract is incorrect because the government is still in office. http://896.424.mywebsitetransfer.com/porto-de-maputo-governo-autoriza-investimentos-de-mais-de-dois-mil-milhoes-de-dolares/ Civil society is questioning the rationale that led the government, already at the end of its mandate, to...
Port of Maputo: Government authorizes investments of more than two billion dollars
The government announced today in Maputo that it has authorized the Port of Maputo concessionaire to invest more than two billion dollars, and extended the concession contract for another 25 years, starting in 2033. The investments are intended to increase the port infrastructure's cargo handling capacity and are...
Port of Maputo ended the year with a new cargo handling record
The Port of Maputo reached new heights last year with a record volume of 31.2 million tons, an increase of more than 16% over the previous period. According to the Maputo Port Development Company (MPDC) in its annual results, this significant growth in various metrics consolidates its position as one of the...
Port of Maputo to increase volume of cargo handled with billion-dollar investment
The Minister of Transport and Communications, Mateus Magala, recently revealed in Moamba that the Port of Maputo should increase the volume of cargo handled by around 15 million tons per year. According to Notícias, the current volume of cargo is 32 million tons, which, with the increase, should rise to...
Port of Maputo may receive an investment of more than 2 MM$ to increase handling capacity
The Ministry of Transport and Communications (MTC) and the Maputo Port Development Company (MPDC) plan to invest more than two billion dollars to increase the handling capacity of the Port of Maputo from the current 37 million tons per year to around 52 million and from the current 270,000 containers...
MPDC renews service contract with P&O Maritime Logistics
Sociedade de Desenvolvimento do Porto de Maputo (MPDC) has renewed its maritime services contract with P&O Maritime Logistics, a leading international provider of maritime solutions, according to a company statement sent to our newsroom. Through its subsidiary company, P&O Maritime Moçambique S.A., it has played a vital role in the operations of...