Maputo, Mozambique, 12 May – Mozambican railroad and ports company Portos e Caminhos de Ferro de Moçambique (CFM) plans to build a new deep water port in order to handle at least 50 million tonnes of cargo per year, the company’s chairman, Rui Fonseca said.

The new port will be built in the district of Matutine, in the province of Maputo.

Fonseca said that the project, which was first discussed in 2000, had been delayed due to environmental issues, due to its proximity to tourist areas, and financial problems, but added that construction of the port was expected to begin within two years.

Fonseca also said that his company had decided to build a new port because the existing terminals in Maputo and Matola were unable to process large quantities of coal and oil products. (macauhub)