The Government announced on Friday, November 7, that it had signed an agreement to extend the concession of the Ressano Garcia International Road Terminal — the country’s main border crossing with South Africa — to improve competitiveness along the Maputo Corridor and increase tax revenues.
“There is a major investment underway in the Maputo Corridor. We are talking about nearly $2 billion being invested in the expansion of the Port of Maputo, improvements to National Road No. 4 (N4), and the railway line. Now, we will move forward with the implementation of the single-stop border post,” emphasized João Matlombe, Minister of Transport and Logistics.
The minister added that these projects will contribute to job creation, infrastructure efficiency, and increased tax revenue, noting that the concession was awarded to Gestão de Terminais de Serviços Aduaneiros (GTSA), which is responsible for operating the cargo terminal and managing border controls at Ressano Garcia, Maputo province, in southern Mozambique.
GTSA is expected to improve traffic flow in the border area by increasing the number of lanes and constructing an overpass to redirect access to the Ressano Garcia International Cargo Terminal, as well as creating a new terminal exit to improve truck flow and operational efficiency.
Recently, the Development Bank of Southern Africa (DBSA) announced that it is considering additional financing of 1.8 billion meticais (approximately $30 million) to improve the railway connecting the Port of Maputo to South Africa. This investment is part of a broader plan to expand and modernize the Maputo Corridor, a strategic export route for Southern Africa. The potential DBSA funding aims to support significant upgrades to the existing railway infrastructure, increasing cargo transport capacity and making the corridor more competitive for exporters. Improvements include the purchase of new locomotives and wagons and the strengthening of railway conditions, which could contribute to a more efficient and safer operation.
This potential additional financing comes amid ongoing investments in the corridor. According to reports, in February, a consortium led by DP World, in partnership with Ports and Railways of Mozambique (CFM), signed an agreement with the Government to extend the port concession until 2058. The agreement includes an investment of over 122 billion meticais to increase the port’s capacity from 37 million to 54 million tons per year.
Source: Diário Económico
