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

  • US$2.5 billion boost for Cameroon
    May 20, 2024
    A US$2.5 billion investment will boost Cameroon’s development.
    Read More
  • Sichuan and Hainan Province in China will see major road network developments
    March 23, 2012
    In China’s Sichuan Province the city of Mianyang intends to invest over US$1 billion in its transportation network during 2012. The investment will be split between rural road construction, national-provincial trunk highway construction and highway construction. The plans also call for 800km of rural roads and 200km roads between townships and counties. Meanwhile some $2.23 billion will be invested by China's Hainan authority for tourist road development by 2015. The authority expects tourist roads in the p
    Read More
  • Series of new road deals for Saudi Arabia
    July 25, 2012
    The authorities in Saudi Arabia have set plans in motion for 119 road contracts worth a total of US$1.17 billion. The deals are for building new roads as well as maintaining existing links. Some $691.4 million will be used for maintenance work, while $478.6 million will be used to construct new roads. Seven road projects will be carried out in the province of Makkah, four in Qassim and another four in the Madinah province. Three road projects will be implemented in the Eastern province along with new road p
    Read More
  • China’s Hebei province and Yibin city reveal big road spending plans
    April 1, 2014
    China’s Hebei province plans to spend US$3.47 billion (CNY 21.6 billion) in 2014 to build and maintain rural and normal trunk roads. Rural roads will receive CNY 7.5 billion, normal trunk roads CNY 9.1 billion and road network optimisation CNY 5 billion. Meanwhile, the Chinese city of Yibin will this year invest more than $1.61 billion (CNY 10 billion) in transport projects. During 2014, Yibin plans to spend a total of $6.59 billion (CNY 40.7 billion) on 157 major projects. They include 58 basic infrastruc
    Read More

Highlighted Content