Japan lends US$84 million to Mozambique for Nacala port project

4 March 2013

The government of Japan has granted a US$84 million loan to Mozambique to help finance the first phase of the Nacala port development project in Nampula province, the Japanese embassy announced in Maputo.

The project follows another one already under way, involving emergency repairs for that infrastructure and budgeted at US$24 million.

The statement released by the embassy indicates that Japan’s participation in the undertaking is meant to provide a positive contribution to the government’s efforts to create transport infrastructures in the northern part of the country.

The first phase of the port development project will consist of dredging along the north quay, land reclamation and levelling, and paving of the container terminal, among other improvements. (macauhub)