Southern Africa
Mozambique Extends Maputo Port Concession
Deal involves US$2 billion expansion plan.
Mozambique’s Council of Ministers has extended the concession agreement for the Port of Maputo with Maputo Port Development Company (MPDC) from 2033 until 2058. MPCD has agreed to invest US$2 billion in expanding the port. MPDC is a partnership between Caminhos de Ferro de Mozambique (Mozambique Railways) and Portus Indico – a
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