Funding secured for construction of Pemba logistics hub, in Mozambique

18 March 2014

The first phase of the project to build the Pemba logistics hub, in Mozambique’s Cabo Delgado province, which is expected to cost US$150 million, has secured funding, Mozambican daily newspaper Notícias reported.

This first phase involves construction of the logistics hub and facilities for production and assembly of undersea equipment used in the oil industry. The environmental impact study for the project is now underway.

André da Silva, the chief executive of port management company Sociedade Portos de Cabo Delgado (PCD), which holds the concessions on the Port and Logistics Terminals of the Ports of Pemba and Palma, told the newspaper that the work underway was in the hands of Mozambican company ENHLogistics, a subsidiary of state oil and gas company Empresa Nacional de Hidrocarbonetos (ENH), which may also be involved with construction and management of the hub.

An international public tender was initially planned for the project, which may no longer be the case in order to meet deadlines for the project and to ensure that the facilities can start being used by 2018 when production of natural gas in the Rovuma basin is expected to begin.

PCD is a company made up of ENH and Mozambican state port and railway company Caminhos de Ferro de Moçambique, each with a 50 percent stake. PCD was granted the concession on the two port terminals for a period of 30 years. (macauhub)