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Maputo Port in Mozambique has officially begun construction on the first phase of its ambitious $2 billion expansion project, according to a senior port official. The first phase, valued at $164 million, aims to more than double the container terminals capacity, increasing it from the current 255,000 twenty-foot equivalent units (TEUs) per year to 530,000 TEUs upon completion in the next two years. The expansion is designed to enhance Maputo Port’s role as a major regional shipping hub, particularly as logistics bottlenecks in neighboring South Africa have led commodity exporters to seek alternative routes. Key infrastructure upgrades in the first phase include extending the quay by 400 meters to a total of 650 meters and deepening the berth draft to 16 meters to accommodate larger vessels. Osorio Lucas, CEO of Maputo Port Development Company (MPDC), the consortium overseeing the project, confirmed these developments. The MPDC is a partnership involving multinational logistics firm DP World, South Africa’s Grindrod, and the state-owned Mozambique rail operator Caminhos de Ferro de Moçambique. Following a slight dip in exports due to civil unrest after last year’s disputed elections, Lucas noted that the company expects operations to improve starting next month. |
