Italy provides loan to finance bridge over River Zambeze

15 December 2005

Maputo, Mozambique, 15 Dec – Representatives of the Italian and Mozambican governments have signed a 20 million euros loan agreement to finance construction of a bridge of the River Zambeze, Maputo daily newspaper Notícias, reported in its Wednesday edition.

The Italian loan completes a finance package of around US$80 million needed to build the bridge. The European Union had already pledged 25 million euros and Sweden a further 21 million euros.

Apart from contributions for actually building the bridge, the Mozambican government has received US$9 million from Japan to carry out environmental impact studies and re-house the people that have to leave the construction area.

The name of the company or consortium that has won the public tender to build the bridge is expected to be announced Friday in Maputo.

The bridge, which will link Caia in Sofala province to Chimuara in Zambézia, on the north bank, is a vital north-south link in the country. When it is finished it will replace the ferry system that is currently in use.(macauhub)