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Mozambique's Maputo port kicks off $2bn upgrade
Mozambique's Maputo port has commenced the first phase of its $2bn expansion project, a senior port official confirmed.
The initial $164m phase, launched on Monday, 27 January 2025, aims to more than double the container terminal's capacity from 255,000 to 530,000 TEUs within two years.
The initial $164m phase, launched on Monday, 27 January 2025, aims to more than double the container terminal's capacity from 255,000 to 530,000 TEUs within two years.
Source: Port Maputo
The project aims to position the port as a major regional shipment hub. The port is already handling increased volumes as logistics bottlenecks in neighbouring South Africa force commodity exporters to seek alternative routes.
Infrastructure upgrades in the first phase include extending the existing quay by 400 metres to 650 metres and deepening the berth draft to 16 metres to cater for larger ships, said Osorio Lucas, chief executive of operator Maputo Port Development Company (MPDC).
The MPDC is a consortium including multinational logistics company DP World, South Africa's Grindrod and state-owned Mozambique rail operator Caminhos de Ferro de Mocambique.
After a slight dip in exports in the face of civil unrest in Mozambique after disputed elections last year, Lucas said the company expected operations to pick up next month.
Source: Reuters
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Go to: https://www.reuters.com/About Wendell Roelf
Reporting by Wendell Roelf; Editing by Olivia Kumwenda-Mtamob and David Goodman.Related
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