Economy FDI Finance Infrastructure Mining Mozambique Transport

Construction of the port of Macuze, in Mozambique, due to begin in 2016

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The President of the Zambezi Integrated Development Corridor (CODIZA) Abdul Carimo announced the launch of work to build the future deep-water port of Macuse in Quelimane, on the coast of Zambézia province in 2016.

According to the same official, cited by the city of Quelimane bulletin, construction of the port will bring great benefits not only to Zambézia province but also to the Zambezi corridor and a tender may be launched for the work later this year.

The deep-water port, capable of receiving vessels with an 80,000-ton draft, will make it possible to transport material for construction of the railroad linking Macuse and Moatize, in Tete to transport coal.

The future port will be able to process 100 million tons of cargo per year when fully implemented. Initially it will have a handling capacity of 25 million tons per year.

Carimo said in April this year that US$4 billion were needed to kick-start the Zambezi Integrated Development Corridor (CODIZA).

At the time Carimo suggested the involvement of Indian consortium ICVL (International Coal Ventures Limited, which has coal mining interests in the Tete area.

Previously Thai group Italthai Engineering had shown interest in investing in the project but so far there have been no new developments.

The railroad, which extends over 525 kilometres, will link the provinces of Tete and Zambézia, making it possible to transport 100 million tons of coal per year.

Source: macauhub

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