The World Bank has agreed to invest US$85 mill of the US$240 mill needed to reconstruct the Sena railway line, which links the Moatize coal mines in the west of Mozambique to the port of Beira on the country’s east coast.
A spur line to landlocked Malawi is also planned. The decision was made by the World Bank executive director for Mozambique and Angola, Luis Kassekende, following a meeting with Rui Fonseca, the chairman of Mozambique’s stateowned railway and port company CFM....
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This complete item is approximately 260 words in length, and appeared in the March 2004 issue of WorldCargo News, on page 12.
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