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

  • Uzbekistan transport boost with loan
    June 25, 2020
    A new loan will help boost Uzbekistan’s transport connectivity.
    Read More
  • Poland's ambitious highway construction plans
    July 10, 2012
    The European football championships are among a number of things pushing Poland's ambitious highway building programme. Patrick Smith reports. Poland is planning to spend a colossal €4.57 billion on road projects in 2009, a 35% increase over the previous year. T
    Read More
  • Vietnam invests in infrastructure improvements
    May 11, 2012
    Transport Infrastructure Vietnam 2012 has been organised by IQPC in partnership with the local authorities and will be held in Hanoi from 17-18 April, 2012. Further details can be found at www.transportinfrastructure-vietnam.com. A huge investment by Vietnam’s Ministry of Transport will see over US$5 billion spent on the country’s road transport infrastructure by 2020.
    Read More
  • Brazilian road spend dips slightly for 2015
    July 9, 2015
    Brazil will spend at least US$1.63 billion in privately operated federal road infrastructure projects in 2015. This is down slightly, from $1.82 billion spent in 2014, according to estimates by the land transport agency NTT. Work this year includes a stretch of the BR-050 motorway operated by MGO, which already has seen around $104 million. Road operator Concer, which administers sections of the BR-060, BR-153 and BR-262, invested nearly $88 million between 2014 and the first quarter of 2015. Arter
    Read More

Highlighted Content