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.

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