Mozambique government extends Maputo concession
NewsA contract extension of 25 years from 2033, and new investment aim to make Maputo an even stronger competitor to South African ports.
As previously speculated in WorldCargo News (August 2008, p15), US-based Railroad Development Corporation (RDC) has announced the sale of its stake in the Corredor de Desenvolvimento do Norte (CDN) consortium, which operates the Mozambican port of Nacala and the railway linking the port with Malawi and Zambia.
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