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.
Maputo deal secured.
Almost five years after the deal was first disclosed (see WorldCargo News, September 1998, p64), the Port of Maputo has finally been concessioned to the Maputo Port Development Company (MPDC), in which a consortium of Mersey Docks & Harbour Company, Liscont and Skanska own 51 percent and government-owned CFM (Mozambique Ports & Railways Company) the remaining 49 percent.
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