Brazilian mining firm invests in Mozambique infrastructure

The road network of Mozambique is set to benefit from a major investment from a Brazilian mining company.
March 14, 2012 Read time: 1 min
The road network of Mozambique is set to benefit from a major investment from a Brazilian mining company. The firm, Vale, will spend US$691 million on the Nacala Corridor road project during 2012. This will provide a key link to the Moatize II coal mining project, on which it is spending a further $499 million. In all Vale has planned total investments of $4.44 billion on the Nacala Corridor and $2.07 billion on the Moatize II mining project.

Related Content

  • Chinese expressway tender
    March 24, 2023
    A Chinese expressway tender process is underway in Hebei Province.
    Read More
  • Indonesian authorities plan major road expansion
    May 3, 2013
    In Indonesia major road development plans are in hand for Papua, with an expansion of the network being set out. The Ministry of Public Works has detailed its strategic programme for Papua which includes the development of 11 roads totalling 37,499km in all. The 11 national and provincial roads include new links from Timika - Potowaiburu - Enarotali; Wamena- Habema - Kenyam; Depapre - Bonggrang; Ring Road Jayapura - Sentani; Serui - Menawi - Saubeba; Nabire - Wagete - Enarotali; Timika - mapurajaya - Pomako
    Read More
  • Turkey is offering generous subsidies to boost its under-developed mining sector
    April 19, 2016
    Turkey is boosting its mining sector as part of a strategic plan for economic development. Although the country can trace mining locally back to 7,000 BC, it has not properly exploited its rich mineral resources. This is changing since the government in 2012 declared mining to be a sector of strategic importance, thereby making it open to significant subsidies. As a result, Turkey is a land of opportunity for mining companies and equipment suppliers, said Sofia Pankratz, manager for Turkey, Greece and Cypru
    Read More
  • Challenges and investment opportunities in East Africa transport infrastructure Sector
    November 21, 2014
    East Africa offers considerable potential for transport infrastructure expansion and investment - Shem Oirere reports Infrastructure, infrastructure and more infrastructure is what is needed to make East Africa the favoured destination and Kenya, Tanzania, Uganda and Rwanda have unveiled grand plans to enhance the infrastructure both nationally and regionally.” This is how market analyst Deloitte introduced its 2014/15 budget analysis for the four countries in July.
    Read More

Highlighted Content