Governments of Mozambique, Zimbabwe and Botswana support construction of port of Techobanine

18 April 2011

Maputo, Mozambique, 18 April– The governments of Mozambique, Zimbabwe and Botswana signed a memorandum of understanding to develop the construction project of a deepwater port in the Techobanine region, in the Matutuíne district of Mozambique’s Maputo province, as well as an interconnecting railway, Mozambican newspaper Notícias reported.

Information published last week when the memorandum was signed set 2012 as the target for the possible launch of the project, which ahs an estimated cost of US$7 billion. The project is expected t take around four years to build on a plot of 30,000 hectares, 11,000 of which will be earmarked for industrial units.

Notícias also reported that Mozambique’s Transport and Communications minister, Paulo Zucula said that the private sector would likely provide funding for the project’s execution.

Amongst the goods expected to make use of this corridor, which will be the region’s transport backbone, are gas, agricultural products, fertilizer and minerals, notably coal, as well as crude oil and its derivatives.

This infrastructure has been planned since colonial times and was re-launched in 1999 when an agreement as signed by the government of Mozambique, Port Development Dobela and state port and rail company Portos e Caminhos de Ferro de Moçambique. (macauhub)

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