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

  • Vietnam needs bridge and road improvements
    March 21, 2012
    A key need for infrastructure upgrades is required in Vietnam during 2012. Official estimates suggest that some US$499.4 million is required to repair roads and upgrade or replace bridge links in the country. The Directorate for Roads of Vietnam says that there are 277 ageing bridges which need repairs and the country’s Transport Ministry has been urged to prioritise the issue.
    Read More
  • Increasing importance of alternate truck routes
    February 14, 2012
    The fabled Silk Route from China to Europe takes many forms, and is again becoming increasingly important as Patrick Smithreports The ancient Silk Road was never a single caravan route, but covered hundreds of kilometres in width extending in length for around 10,000km. This is the view of the European International Road Transport Union (IRU), and many other countries and organisations, who point out that it is a system of routes covering many countries via a series of branch roads that dates back some 2
    Read More
  • China transport investment
    November 27, 2012
    In China, the news that the construction industry has been waiting for came with an announcement over infrastructure spending. The Chinese Government said it will invest heavily in infrastructure spending over the next few years, some US$157 billion, particularly in extending the country’s high speed rail network. Some $4.45 billion will be invested in transport infrastructure in 2012. Of the total, $790 million will go on rural road improvements, of which 88% will be used in the central and western regions
    Read More
  • Highway developments to boost east-west transport
    February 16, 2012
    Huge highway developments are being planned and carried out to further improve East-West transport, with Central Asia a key region as Patrick Smith reports
    Read More

Highlighted Content