The Port of Maputo concessionaire is planning to invest 600 million dollars over the next three years to expand the port infrastructure. According to the executive director of the Maputo Port Development Company (MPDC), Osório Lucas, this investment will increase the capacity of the container terminal from 170,000 to 530,000.
“This initiative will also increase the capacity of the Matola Coal Terminal from 7 million tons per year to 12 million. Our general cargo capacity will increase from 10 million to 13 million. We plan to carry out these changes in a maximum period of three years,” explained Lucas in an interview published by Lusa on Monday, February 5.
He also said that “these investments are ready to go ahead, right after the signing of the addendum to the concession contract, approved on January 23 by the Council of Ministers”.
“The addendum to the concession contract establishes the obligation to invest in this three-year interval and carry out the first phase of the investment. It’s not an option, we have an obligation to do it,” he explained.
Porto de Maputo is a private Mozambican company formed by a partnership between Caminhos-de-Ferro de Moçambique (CFM) and Portus Indico, made up of Grindrod, DP World and Mozambique Gestores.
Since 2003, MPDC has invested around 900 million dollars in modernizing the port infrastructure. The Port of Maputo currently employs 10,000 direct and indirect workers, 99% of whom are Mozambican.
