Global logistics giant DP World is forging ahead with significant investments in Mozambique, aiming to bolster its presence and unlock new trade opportunities for Southern Africa.
The announcement follows a meeting between DP World Group Chairman and CEO Sultan Ahmed bin Sulayem and Mozambican President H.E. Filipe Nyusi during the United Nations General Assembly in New York.
Key topics discussed included the establishment of industrial parks and the enhancement of Mozambique's logistics infrastructure, alongside the expansion project for the Port of Maputo. As a vital cargo hub for neighboring countries such as South Africa, Zimbabwe, and Zambia, Mozambique's improved logistics network is poised to benefit the entire region.
"We’ve been in Mozambique for more than 20 years, and the country is now a critical hub for regional trade,”
stated bin Sulayem.
“Our investments will significantly enhance the trade sector, strengthening Mozambique's role as a gateway for cargo movement throughout the region.”
DP World recently extended its concession for the Port of Maputo by 25 years, committing $600 million to expand the port's infrastructure. This expansion aims to increase the port’s cargo handling capacity from 170,000 TEU to 530,000 TEU by 2027.
The expansion plan includes enhancing the Maputo container terminal, which currently features a 400-meter quay and a capacity of 255,000 TEU annually. The project will add a 650-meter quay and increase capacity to 600,000 TEU, supported by advanced equipment and modern infrastructure.
Through these initiatives, DP World is dedicated to fostering sustainable growth in Mozambique and strengthening connections within the Southern African economy.
News Source: Dubai Media Office
