The company Corredor Logístico de Maputo (CLM) has announced that it has invested 50 million dollars (3.1 billion meticals) in a new logistics terminal that is already up and running, stressing that it helps to relieve the pressure of customs clearance at the Namaacha, Goba and Ressano Garcia border posts in Maputo province.
In a publication in the newspaper Domingo, the entity explained that the terminal also helps to reduce the logistical costs of transporting goods, since it has warehouses with a capacity of more than 50,000 tons, as well as a further 10,000 square meters of open area for storing products in the open air.
According to CLM’s Chairman of the Board of Directors, Clávio Macuácua, integrated services have been installed at the site, including offices for officials from the Mozambican Tax Authority (AT), Kudumba MC-Net, the National Migration Service (SENAMI), customs brokers and freight forwarders.
“The additional capacity of the terminal will boost the flow of goods in transit and relieve pressure at border posts, where trucks wait more than five hours for customs procedures.”
CLM is a leading provider of complete solutions in Mozambique, with a strategic focus on warehousing, parking and internal customs
Macuácua said that this investment aims to stimulate the creation of a dry port to boost logistics corridors and cabotage services, to make it more flexible to transport cargo at affordable prices, potentially reducing the cost of living by around 40%.
“In the next few days, work will start on building 22,000 square meters of warehouses to meet the needs of the market, since a lot of cargo doesn’t pass through the port of Maputo because there are no customs facilities for goods in transit.”
Recently, the Development Bank of Southern Africa (DBSA) made it known that it was considering additional funding of 1.8 billion meticals (30 million dollars) to improve the railway line linking the port of Maputo to South Africa. This investment is part of a wider plan to expand and modernize the Maputo corridor, a strategic export route to southern Africa.
The possible capital injection from the DBSA aims to support significant improvements to the existing rail infrastructure, increasing freight transport capacity and making the corridor more competitive for exporters. These improvements include the purchase of new locomotives and wagons, as well as strengthening the condition of the railway line, which could contribute to a more efficient and safer operation.
This potential additional funding comes in the context of an investment already underway on the corridor. According to the information, in February, a consortium led by DP World, in partnership with Portos e Caminhos-de-Ferro de Moçambique (CFM), signed an agreement with the government to extend the port’s concession until 2058. The agreement includes an investment of more than 122 billion meticals to increase the port’s capacity from 37 million to 54 million tons per year.
