Arab Today, arab today mozambique launches new international airport
Last Updated : GMT 15:59:42
Arab Today, arab today
Arab Today, arab today

Mozambique launches new international airport

Arab Today, arab today

Arab Today, arab today Mozambique launches new international airport

Mozambique President Armando Guebuza
Maputo - AFP

Mozambique's President Armando Guebuza on Saturday inaugurated a new international airport in the northern port city of Nacala, which is shortly to be Brazilian mining giant Vale's main hub for coal exports.
The estimated cost of $200 million has been partly financed by a loan from the Brazilian state-bank, BNDES. Brazilian company Odebrecht was in charge of the construction.
The new facility will allow business travellers to avoid the 200 kilometre journey from Nampula, the closest airport.
Built on a former military airbase, the airport has an initial capacity of 500,000 passengers a year and can accommodate long-distance aircraft including Boeing 747s, according to a statement from Aeroportos de Mocambique.
Mozambique Airlines (LAM) has been using the airport since December 8, but the new facility has not yet received international certification.
LAM is still blacklisted in Europe, despite recent progress acknowledged this week by the European Commission in an official statement.
The airport opening marks a new stage in the development of resource-rich Mozambique's north, with Nacala already boasting one of East Africa's deepest natural ports.
"From a maritime perspective, this is the only port between Durban and Djibouti to have a draft greater than 15 meters," said Mathieu Freidberg, Africa director for shipping company CMA-CGM.
A five-year rehabilitation of port infrastructure launched in March aims to increase container traffic five-fold, according to Loni Shott of Portos do Norte, the port operator.
Vale Mozambique is also about to complete a coal terminal and a 912 kilometre railway linking the Moatize mines, in western Mozambique, to Nacala.
After being repeatedly postponed, operations are expected to start in the second quarter of 2015, Vale Mozambique CEO Pedro Gutemberg announced this week.
A $4.4 billion investment, the Nacala logistic corridor –- which encapsulates the port terminal and the railway line –- is expected to handle 18 million tonnes of coal by 2017, increasing Vale's current export capacity fivefold.
When the railway is completed, Nacala will be connected to neighbouring Malawi and to copper-rich Zambia, said Shott.
Nacala would then become an important gateway to the Indian Ocean, with China and India major trading partners.
"Carriers are seeking alternates to Durban, which is far and expensive," said Freidberg says.
"But beyond its obvious natural potential, Nacala still lies far behind Mombassa in terms of infrastructure."

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today mozambique launches new international airport Arab Today, arab today mozambique launches new international airport

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today mozambique launches new international airport Arab Today, arab today mozambique launches new international airport

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday