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Maputo Port Container Terminal

Sector: Consumer Products • Location: Mozambique

Source: World Bank Group

Project
Active

Mozambique International Ports Services (MIPS) signed its 10-year lease agreement to run the Maputo Container Terminal starting in March 1996. MIPS shareholders were the Rennies Group (37%), Mozambique Ports and Railways (CFM)(33%) and P&O Ports (30%) who were also the managers.

The refurbishment of two container cranes at the Maputo Container Terminal was completed at a cost of US$3 million.

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The project “Maputo Port Container Terminal” is an infrastructure initiative in the Consumer Products sector, located in Mozambique. Taiyo aggregates data on it from World Bank Group.

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Description

Description

Mozambique International Ports Services (MIPS) signed its 10-year lease agreement to run the Maputo Container Terminal starting in March 1996. MIPS shareholders were the Rennies Group (37%), Mozambique Ports and Railways (CFM)(33%) and P&O Ports (30%) who were also the managers. The refurbishment of two container cranes at the Maputo Container Terminal was completed at a cost of US$3 million. MIPS was recorded a productivity increase of more than 50%. The sugar and citrus terminals were leased to foreign investors: a Zimbabwe-Swazi joint-venture in the case of sugar; and South African citrus export giant Outspan International (75%) and the multinational Manica freight transport group (25%) in the case of citrus. In 2006, DP World acquired P&O Ports and the contract was renewed until 2013. As of 2007, the sponsor breakdown was DP World (60%), and the public company, Mozambique Ports and Railways (CFM)(40%). None None

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