Maputo, Mozambique, 27 April – Brazil is to provide US$80 million to Mozambique to transform the Nacala airbase in Mozambique’s Nampula province, into an international airport, the Mozambican Finance Ministry said in a statement issued in Maputo Tuesday.
The statement said that Finance Minister, Manuel Chang, would travel to Rio de Janeiro where Thursday he would sign the respective financing contract, accompanied by Transport and Communications Minister, Paulo Zucula and by the chairman of airport management company, Aeroportos de Moçambique (AdM), Manuel Veterano.
The loan will be provided by state bank, Banco de Desenvolvimento Económico e Social (BNDES) and it will cover part of the estimated cost of US$120 million to carry out the work on the air base.
Work to transform the Nacala airbase into an international airport, which was awarded to Brazilian company Odebrecht, is due to begin this month or at the beginning of May, a year after the first stone was laid, which happened in May, 2010.
Odebrecht’s production manager, Luís Manuel, said recently that the conversion of the air base into a civilian airport would be completed by January, 2013.
Nacala airport, once the work is concluded, will be able to receive large aircraft and it is expected to handle between 500,000 and 600,000 passengers per year. (macauhub)