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Mozambique announces investment of over 900 million in the Port of Pemba
The Mozambican Government announced today an investment of more than 900 million euros for the Port of Pemba, in the Mozambican province of Cabo Delgado, in the north of the country.
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Economia Moçambique
The value will be invested by Pemba Bulk Terminal Limitada (PBT), which today saw the Government approve, in a meeting of the Council of Ministers, a resolution that authorizes the direct adjustment of the port's operations to that commercial company, under a concession regime.
"Some additional investments of around 14 billion meticais (202 million euros) will be made, which includes the continuous rehabilitation of the base dock's infrastructure, which has a 115-meter docking capacity, and also other activities related to the floating pontoon, in an investment of 49.5 billion meticais (716 million euros)", declared Ludovina Bernardo, Vice-Minister of Industry and Commerce, in a press conference.
Pemba Bulk Terminal Limitada (PBT), formed by CD Properties and Portos de Cabo Delgado, will execute, both on land and in the water plan, the construction, operation, management, maintenance, and return of the Pemba Port and Logistics Terminal, advanced Ludovina Bernardo
"Given the need to ensure the continuation of the project and support for oil operations (...) other investments of around 90 million dollars (83 million euros) will be made", added the minister, arguing that this is "a quite relevant infrastructure that will provide services to large projects", she concluded.
Located in the provincial capital of Cabo Delgado, the Port of Pemba has a dock with a length of 183 meters and a width of 17 meters, making up an area of 3,103 square meters, in addition to a storage area of 20,000 square meters.
Read Also: Industrial production in Mozambique falls 2.2% until March (Portuguese version)
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