The Vice President of China Railway, Shao Gang, has confirmed to state-controlled Radio Mozambique that the company is proposing to construct a rail link between Mozambique and Zimbabwe, to be called the Trans-Zambezi line and estimated to cost US$2.5 billion.
Infrastructure/PPP news in Mozambique
Essar Ports, one of the largest private sector port companies in India, has announced it has signed a contract for its first first overseas port project at Mozambique.
African Infrastructure Investment Managers (AIIM) has announced the successful sale of investments in three privately-concessioned toll roads in Southern Africa. Acting as the manager of the South Africa Infrastructure Fund (SAIF), AIIM successfully concluded the transaction on 4 July 2016. This sale represents the largest private equity realization for toll road infrastructure in Africa to date.
Indian port operator, Essar Ports, has sought the approval of its shareholders to invest up to US$25 million in a joint venture, which plans to develop a coal terminal at the Beira port in Mozambique.
Rail and port to be form a single concession in a cross-country project. Mozambique, Zimbabwe and Botswana
Hello,There is mega rail project under study in Africa. The state-owned rail companies of Botswana and Mozambique are preparing to build an estimated $7-billion transport project that would include one of Africa's longest railways and a deepwater port on the Indian Ocean, south of Maputo. A recent agreement between the two governments calls for the scheme to include private financing, but backing has not yet been secured.Dates: