Beira, Mozambique, 07 Dec – Exports via the Mozambican port of Beira are expected to total 150,000 tons this year, or a 10 percent increase on last year, a director of the port’s management company said in Beira.
Quoted by Mining Weekly, Carlos Mesquita, the director of Cornelder Mozambique, the operator that has managed the port since its privatization in 1998, said that total revenues were expected to rise 12 percent this year to US$29 million.
The 150,000 tons of cargo were mainly minerals but also included fish and other products for international exports to places such as Malawi, Zambia, Zimbabwe and Tanzania.
Cornelder Mozambique, which has its headquarters in Beira, some 1,300 kilometers north of Maputo, and is 67 percent owned by Dutch company Cornelder Holdings, with the remainder in the hands of state company Portos e Caminhos de Ferro de Moçambique.
Beira port has been working below its capacity since Cornelder took control despite an investment of US$25 million.
According to Mesquita the port has seen growth of 10 percent for the first time and also said that if Zimbabwe resolved some of its economic problems, the port could grow by a further 10 percent.
Mesquita added that the port would undergo refurbishment from 2007 and that a tender for the work would be launched in March. (macauhub)