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

  • Better maintenance is on the Horizon for UK’s Warrington Council
    May 15, 2018
    Good, readable analysis of road surfaces to ensure sufficient maintenance funding is an essential part of asset management. The technical side of ensuring a good road surface is integral to maintaining safe, superior highway infrastructure. But securing sufficient government funding for such work – repairs and new-build – based on the current road surface is also essential. To evaluate road conditions and structure for such a business case, one UK local council turned to software provider Yotta.
    Read More
  • Mexico's road plan
    February 28, 2012
    Mexico's highway authorities have announced record investment in road projects.
    Read More
  • Turkey is offering generous subsidies to boost its under-developed mining sector
    April 19, 2016
    Turkey is boosting its mining sector as part of a strategic plan for economic development. Although the country can trace mining locally back to 7,000 BC, it has not properly exploited its rich mineral resources. This is changing since the government in 2012 declared mining to be a sector of strategic importance, thereby making it open to significant subsidies. As a result, Turkey is a land of opportunity for mining companies and equipment suppliers, said Sofia Pankratz, manager for Turkey, Greece and Cypru
    Read More
  • Widening and upgrade for highway in Nicaragua’s capital
    January 27, 2017
    Nicaragua is continuing to develop its highway network, this time with a major project planned for the capital, Managua. A loan worth close to US$107.5 million from the Central American Bank for Economic Integration (CABEI) is to help pay for the project. The work calls for the upgrade and widening of the Pista Juan Pablo II route running through Managua. The 9.55km stretch of road will benefit from three additional lanes, helping to boost capacity and reduce congestion and delays at peak periods. Safety pr
    Read More

Highlighted Content