• Inside Labour

    Away with empty rhetoric and slogans - labour needs to focus on real issues, says Terry Bell.

  • Wrap-up: Davos insights

    Alec Hogg speaks about the top three issues at this year's World Economic Forum.

  • Netflix and SA video

    Much of Netflix's potential impact on SA has already been made, says Arthur Goldstuck.

Loading...
See More

Mozambique to solicit port, rail bids

Nov 21 2012 13:11 Sapa

Related Articles

East Africa seen as new frontier for gas

Netherlands stops budget aid to Mozambique

Transnet coal train in fatal collision

UK firm to help power southern Africa

Huge finds make Africa next gas source

Mozambique records rise in tourism

 
Maputo - Mozambique plans to solicit international bids for a $2bn railway and port development project next month to boost its coal exports, the chairperson of state-owned rail and ports group CFM said on Wednesday.
 
"By the end of this year we should issue the tender. The project will cost around $2bn, including the port," Rosario Mualeia said on the sidelines of a Coaltrans conference.
 
The tender will be for a 525km line from the Tete province to Macuse, in Mozambique's Zambezia province, and a new port, able to handle around 20 million tonnes of coal per year.
 
Mualeia also said a delayed upgrade of its Sena line, the only railway currently linking to the coal-rich Moatize basin with the coast, to enable it to carry 6.5 million tonnes of coal, will be completed by the end of the year.
 
A further upgrade to 20 million tonnes is scheduled for completion by end of 2014.
mozambique  |  port  |  railway  |  coal exports

NEXT ON FIN24X

 

Latest Articles

Fun and inexpensive things to do with the kids Read More...
8 simple ways to earn extra money Read More...
6 motivational tips to help you save this year Read More...
Invest for Income Read More...
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...