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

  • A new report highlights strong US demand for geomembranes
    April 2, 2013
    A new report from The Freedonia Group highlights growing US demand for geosynthetics. According to Freedonia’s report, this market is expected to grow 6.6%/year to 1.087 billion m2 in 2017. And this will have an expected trade value of some US$2.9 billion. This growth will be aided by gains in spending on the construction of structures and roads. The growth in demand for geosynthetics will also be helped by increased market penetration, as engineers become more aware of the long term cost and performance ad
    Read More
  • Investment in Brazilian roads, railways and highways channels falls short, says Ipea
    November 2, 2012
    Funds earmarked by the Brazilian Government to improve roads, railways and hydro channels for shipping cargo transport have not been fully spent, according to the Institute of economic research (Ipea). Federal road spending was estimated to be US $ 6.72 billion (BRL 13.62bn) in 2012, but Ipea says that so far only 48.3% $ 3.23 billion (BRL 6.58bn) of that amount has been used.
    Read More
  • Key road links being built in Algeria
    April 12, 2013
    In Algeria, a series of road projects are underway, as well as in neighbouring Tunisia. A key development in Tunisia is that work is ongoing for an 80km stretch of highway that will connect with Algeria’s East-West Highway. This will further elevate the importance of the East-West highway in Algeria as it already connects with new links in Morocco. The new section in Tunisia will be the next step in this northern route providing connectivity right across North Africa. When the entire 5,600km route is comple
    Read More
  • Mozambique road and bridge maintenance projects planned
    April 19, 2016
    Mozambique will have to invest US$4 billion to maintain its roads and bridges over the next four years. The country’s road network does not meet demands at present, with numerous routes in poor condition. Congestion and safety are also major issues in the most densely populated urban areas. The source of the funding required has yet to be determined. The Ministry of Public Works is currently in talks with the Portuguese government to secure some of the funding needed.
    Read More

Highlighted Content