Maputo Port Development Company S.A.R.L.
Sector: Commercial • Location: Mozambique
Source: Multilateral Investment Guarentee Agency (MIGA)
In fiscal year 2002, MIGA provided guarantees to Portus Indico-Sociedade de Servicos Portuarios S.A. (PI-SSP) of Portugal, of $459,000 to cover its $510,000 equity investment in, and $6.1 million to cover $6.8 million of shareholder loans plus interest to, the Maputo Port Development Company S.A.R.L. The guarantees were provided for fifteen years, against the risks of transfer restriction, exprop
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | not active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | In fiscal year 2002, MIGA provided guarantees to Portus Indico-Sociedade de Servicos Portuarios S.A. (PI-SSP) of Portugal, of $459,000 to cover its $510,000 equity investment in, and $6.1 million to cover $6.8 million of shareholder loans plus interest to, the Maputo Port Development Company S.A.R.L. The guarantees were provided for fifteen years, against the risks of transfer restriction, expropriation, and war and civil disturbance. This past fiscal year, MIGA increased the amount of coverage for the shareholder loan to $13.31 million, to reflect an increase in the amount being lent to the project enterprise. MIGA also expanded its coverage of $459,000 provided on PI-SSP's original equity investment of $510,000 to include breach of contract coverage. The Maputo project involves the rehabilitation, development, financing and operation of the Maputo Port under a Build, Operate, and Transfer scheme. Further details of the project appear in MIGA's 2002 Annual Report. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |