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

  • Thirst for Infrastructure: The Belt & Road Initiative
    November 8, 2017
    Susanna Zammataro, IRF Geneva, writes: The China Highway and Transportation Society (CHTS) – an esteemed member of IRF – will be hosting a special Session on the Belt and Road Initiative during the IRF World Meeting in Delhi, 14th-17th November 2017. Last May, president Xi Jinping welcomed 28 heads of state and government to Beijing to celebrate the “Belt and Road” initiative, an ambitious plan in terms of infrastructure development, but also in terms of foreign policy. Launched in 2013 as “One belt, On
    Read More
  • Mozambique road tender due to open
    October 26, 2016
    The tender process is opening for the project to rebuild an important road route in Mozambique. The road stretch is in Cabo Delgado Province and runs a distance of over 170km from Mueda to Negomano, which lies on the country’s border with neighbouring Tanzania. Continuing north eastwards beyond Negomano on the same route lies the Unity Bridge that spans the Rovuma River and which forms the border between Mozambique and Tanzania. Upgrading the 100km road stretch will help trade between the two countries and
    Read More
  • Portuguese firm wins Mozambique deal
    February 15, 2012
    A new road project in Mozambique will see the rebuilding of the link between Namialo and Rio Lúrio, in Nampula province.
    Read More
  • Ethiopia develops road expansion plan
    September 13, 2017
    The Ethiopian Government has set out plans for a major programme of road development work to expand the country’s network. In all 58 road projects are being planned, with the programme having been set out by the Ethiopian Roads Authority (ERA). The plans call for 3,171km of roads to be built in all. These will be constructed in Tigray, Oromia and Amhara, with work commencing shortly and expected to take three years to complete. The Ethiopian Government will spend US$1.5 billion on the work, with a further $
    Read More

Highlighted Content