DP World is pushing ahead with new plans to invest in Mozambique, further strengthening its presence in the country and creating new trade opportunities for the wider southern Africa region.
The global ports and logistics giant said Mozambique already plays a key role in regional trade, serving as a major cargo hub for South Africa, Zimbabwe, Zambia, and other Southern African nations, so the expansion of logistics infrastructure would benefit both Mozambique and its neighbouring countries.
DP World Group chairman and CEO Sultan Ahmed bin Sulayem met with Mozambican president, H.E Filipe Nyusi, at the United Nations General Assembly (UNGA) in New York recently to discuss the creation of industrial parks across the country, as well as initiatives to improve the country's logistics infrastructure in addition to the Port of Maputo expansion project.
"We've been in Mozambique for more than 20 years, and the country is now a critical hub for regional trade," said bin Sulayem.
"We are excited about the opportunities that lie ahead in Mozambique and broader Southern Africa. Our investments will add significant value to the trade sector, helping to enhance Mozambique’s role as a gateway for cargo movement throughout the region," he added.
DP World has been a longstanding operator at the Port of Maputo and recently extended its concession for the port by 25 years through to 2058.
The company is currently investing US$600 million in the expansion of the port's infrastructure, with the aim of increasing its cargo handling capacity from 170,000 TEU (twenty-foot equivalent units) per year to 530,000 TEU annually by 2027.
In addition, DP World has a significant road freight and market access presence in the country, connecting key corridors and providing a route-to-market for our clients and customers.
DP World said in the announcement that the expansion plans are part of a broader vision to strengthen Mozambique's position as a regional trade leader while supporting economic growth and development across Southern Africa.
[Source: DP World]
The port of Maputo — Mozambique's biggest port and an important gateway to South Africa and other neighbouring states — features a 400-metre quay with a 12-metre draft.
The terminal boasts a TEU capacity of 255,000 units annually, supported by modern infrastructure including 450 reefer plugs, a fleet of 1750 vehicles and three mobile harbour cranes.
DP World said the Maputo container terminal is set to undergo expansion and incorporate a 650-metre quay with a 16.5-metre draft.
The terminal's capacity will be increased to 600,000 TEU's annually, supported by three new post-panamax ship-to-shore cranes and three mobile harbour cranes.