Vale in Mozambique

Mozambique’s road network will benefit from investment by Brazilian mining company Vale, which is to spend US$691million on the Nacala Corridor road project during 2012 to provide a key link to the Moatize II coal mining project, on which it is spending a further $499million. In all, Vale has planned total investments of $4.44billion on the Nacala Corridor and $2.07billion on the Moatize II mining project.
June 14, 2012 Read time: 1 min
Mozambique’s road network will benefit from investment by Brazilian mining company 5926 Vale, which is to spend US$691million on the Nacala Corridor road project during 2012 to provide a key link to the Moatize II coal mining project, on which it is spending a further $499million.

In all, Vale has planned total investments of $4.44billion on the Nacala Corridor and $2.07billion on the Moatize II mining project.

For more information on companies in this article

Related Content

  • Central American roads improved
    September 11, 2023
    Central American roads have been improved.
    Read More
  • Construction of Vietnam’s Da Nang-Quang Ngai expressway begins
    November 25, 2013
    Construction of Vietnam’s US$1.4 billion Da Nang-Quang Ngai expressway is now underway. The near 140km-long expressway will have four lanes and a speed limit of 120km/hour. It will link economic hubs like Dung Quat (Quang Ngai), Da Nang-Chu Lai (Quang Nam) and Nhon Hoi (Binh Dinh). The expressway will also have a monitoring centre, a maintenance centre and a service centre. The Vietnamese government, the World Bank and the Japan International Co-operation Agency have provided official development assistan
    Read More
  • Road concessions for Mozambique
    February 10, 2012
    The authorities in Mozambique are evaluating tenders for two key road concessions, worth a total of US$700 million.
    Read More
  • Indonesia: bauma 2013’s partner country
    March 22, 2012
    Indonesia has a population of 238 million, a gross domestic product of US$720 billion (2010) and is one of the world's 20 largest economies. The building industry is booming and in the raw materials sector major investment is scheduled for the medium term. “All all of which are good reasons why bauma should focus more closely on this economic region and the exciting opportunities it offers for the future,” says Messe München International (MMI), organiser of bauma 2013, to be held in Munich, Germany, from 1
    Read More

Highlighted Content