Maputo, 26 Jan (AIM) – The Mozambican government has authorized the Ministers of Transport and of Agriculture, João Matlombe, and Roberto Albino, to sign the concession contract for the continuation of the construction of the Chongoene Port Terminal, in the southern province of Gaza.
Over the last year, the government awarded a 15-year public-private partnership contract for the construction, operation, maintenance and management of the Chongoene Port Terminal to the consortium Sociedade Terminal de Minérios de Chongoene (Chongoene Minerals Terminal Company). This consortium consists of the Chinese firm Desheng Port and the Mozambican publicly owned Ports and Rail Company, CFM. Desheng owns 80 percent of the shares in the consortium and CFM owns the remaining 20 per cent.
According to a statement, at the meeting of the Council of Ministers (cabinet) on Tuesday, the government decided to approve the decree that authorizes the signing of the concession contract in order to “ensure the continuation of the contract with the concessionaire, which is providing port services, including designing, financing, building and operating the infrastructure.”
According to the government, the decision to build the Chongoene Terminal is aimed at enabling various development projects in Gaza province, especially the Chibuto Heavy Sands project, which is also being operated by the Chinese company Dingsheng, with production estimated at two million tonnes per year.
The first phase of investment in the construction of the Chongoene Port Terminal is budgeted at 55 million dollars.
(AIM)
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