DP World wins Maputo concession extension
DP World’s concession for the port of Maputo in Mozambique has been extended to 2033, with an option to extend for another ten years. The concession was originally due to expire in 2018. DP World Maputo operates the container terminal at the port. Portos e Caminhos de Ferro de Mocambique (CFM), the Mozambique Ports & Railway Authority, holds a 40% share of the operating company. DP World senior vice president & managing director for Africa, Joost Kruijning, said that DP World Maputo is an efficient entry port for goods destined for Mozambique and its extensive hinterland, as well as for exporters in the region. DP World operates 49 terminals and has twelve new developments across 31 countries. In 2009, DP World handled more than 43.4 million TEU across its portfolio from the Americas to Asia – a decline of 6% from the 2008 volumes. With a pipeline of expansion and development projects in key growth markets, including India, China and the Middle East, capacity is expected to rise to around 95 million TEU over the next ten years. Quelle: eyefortransport |