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

  • Russia's road map ahead
    March 5, 2012
    Overall, Russia is to benefit from a major highway investment programme. The Federal Transport Development Programme will feature a budget of $21.5 billion for the 2010-2015 period. Some $15.1 billion is to be allocated for highway construction and repairs. Russian city St Petersburg and the surrounding the Leningrad region will see the start of major investment in infrastructure during 2011. The road sector will benefit strongly, with projects underway including the southern section of the Western High Spe
    Read More
  • Record attendance for Istanbul’s E&E conference
    June 14, 2012
    The Eurasphalt & Eurobitume 2012 event in Turkey has attracted record attendance figures, although final figures were not available at the time of writing.
    Read More
  • Senegal sets impressive road construction target
    September 28, 2017
    Senegal is setting an impressive target for its road construction projects. The country aims to have built 187km of new highways during 2018. The country’s current key highway development projects were started in 2012. Senegal’s whole programme of highway works has been worth US$2.12 billion in all. The country has also boosted its tertiary road network with 38 separate projects, adding a total of 1,061km of roads and seven bridges.
    Read More
  • M&T sees deals worth $666mn
    August 24, 2012
    Equipment deals worth some R$1.2 billion (US$666 million) were concluded during the recent M&T Expo 2012 in São Paulo, Brazil. The 8th International Trade Fair of Construction Equipment and 6th International Trade Fair of Mining Equipment, was the largest to date and was a showcase for product launches and innovations in equipment technology for the sector. Organisers, Sobratema (Brazilian Association of Technology for Equipment and Maintenance) say the figure at the “history-making edition” corresponds to
    Read More

Highlighted Content