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Gaza: Construction of New Chongoene Port Terminal Approved — First Phase Valued at $55M

Gaza: Construction of New Chongoene Port Terminal Approved — First Phase Valued at $55M

The government approved, on Tuesday (24), a decree authorizing the Ministers of Transport and Logistics, and of Agriculture, Environment and Fisheries to sign the concession contract for the construction of the Chongoene Port Terminal, in Gaza province, southern Mozambique.

The decision was made during a Council of Ministers session and is part of efforts to boost the regional economy, with a particular focus on the export of heavy sands from Chibuto, which are expected to make the port infrastructure viable.

Under the terms of the 15-year concession, awarded under a public-private partnership, the company Sociedade Terminal de Minérios de Chongoene — a joint venture between Desheng Port and the Mozambican state-owned company Caminhos de Ferro de Moçambique (CFM) — will be responsible for designing, financing, building and operating the new terminal and all supporting infrastructure.

According to the government, the Chongoene Terminal will primarily handle and store bulk heavy mineral sands, with an initial capacity of at least eight million metric tons per year, with the possibility of expansion depending on demand.

The first phase of the investment is valued at approximately 3.5 billion meticais (around $55 million), and includes the construction of a 73-kilometre railway line to facilitate the transport of production from the Chibuto mines to the port.

The government emphasizes that this initiative is part of Gaza province’s sustainable economic development strategy, aiming to foster industrial growth, generate export revenues, and create local employment opportunities.

Source: Lusa

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