The Government of Mozambique has officially extended the concession of the vital Port of Maputo by an additional 25 years, paving the way for over $2 billion in pivotal infrastructure investments.
Announced last week in Maputo, the agreement was signed by Transport and Communications Ministry and Maputo Port Development Company (MPDC) Executive Director Osório Lucas, following Cabinet approval last month.
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The move marks a critical step in reinforcing the positioning of Mozambique as a regional trade and logistics hub. Port capacity enhancements will boost container volumes to 1 million TEUs annually, coal to 18 million tonnes yearly, and general cargo to 13.6 million tonnes as overall throughput rises from 37 to 54 million tonnes by 2058.
Led by partners Mozambique Railway Company (CFM), DP World and Grindrod, MPDC will inject over $600 million into the port over the next three years alone.
The multi-year $2.06 billion investment programme will dramatically expand berthing space, and install new cargo handling equipment to service larger vessels. Officials stated the extension enables long-term planning and funding security for substantial upgrades.
As part of negotiations, MPDC has also committed to targeted social investments like constructing the Kanyaka docking bridge, acquiring an additional passenger ferry, and modernising maritime training facilities.
The move aligns with government aims to accelerate trade competitiveness, integrate into global shipping networks and catalyse economic growth.
With its strategic location and natural deep-water harbour, analysts already view Maputo as having untapped potential as a cost-effective regional hub. The World Bank currently ranks Mozambique as the third easiest place to do business in Africa.
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The concession extension and associated investments are forecast to consolidate Mozambique’s strategic position and drive gains across logistics, manufacturing and associated sectors.
As the country continues leveraging its coastal location, such strategic public-private partnerships will be instrumental in unlocking sustainable and inclusive growth opportunities.
