Mozambique to invest US$290 million in Beira port

The government of Mozambique has approved additional investment of US$290 million in the port of Beira, to increase its cargo handling capacity.

The Council of Ministers has authorised port concessionaire CdM to invest the money for operation, maintenance, management, ownership and restitution of existing infrastructure of Pier 2, 3, 4, 5, 6, 7, 9 and 10. They handle containers and general cargo, excluding bulk liquids and coal.

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