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DP World Invests US$300 Million in Maputo Port Between 2024 and 2025

DP World Invests US$300 Million in Maputo Port Between 2024 and 2025

DP World, the company that operates the Maputo port container terminal, will invest a total of US$300 million in the near future, with a view to increasing the capacity of the infrastructure in the short term and increasing the volumes of cargo it has been handling.

The director of Sociedade de Desenvolvimento do Porto de Maputo, Osório Lucas, said that this announcement was a way of transmitting the commitment to develop the port, and gave assurances that the port’s concession would be extended for a further ten years.

Lucas noted that the port of Maputo had been growing and was expected to reach another record volume of cargo handled this year.

“But there is an intention to extend this investment to other capacities, such as deepening the container terminal, extending the coal terminal and investing in technology, as has been done,” Lucas said.

In order to further explore existing intentions, “a team of managers from DP World is expected in Maputo in November,” Lucas said.

DP World operates the Dubai Free Economic Zone, in an area of 100km2, which includes the local port and over 300 industrial units. The area generates US$20 billion annually and employs a total of 130,000 workers.

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