eBusiness Weekly
HARARE – The port of Beira, central Mozambique, is going to double the containerized cargo handling to 700 000 tons for the neighbouring countries that use the infrastructure, the concessionaire, Cornelder said on Monday.
Commercial manager, Jan de Vries told a local television station that the increase resulted from the 15-year extension of the agreement between the port concessionaire and the government.
The company is also to double the general cargo handling capacity to 4.5 million tons.
In September, the government decided to extend the concession for 15 years to allow it to make additional investments of around US$290 million (€254 million) for the development of that infrastructure.
The concession contract was signed in 1998 and expires in 2038, after the extension.
Mozambican ports, mainly from central and northern Mozambique, are used by Zimbabwe, Zambia and Malawi for their international trade. – New Zian
