Nacala Corridor Port Improvement Project

Description

The objective of the Project is to increase the productivity of cargo handling by improving facilities of Nacala Port, thereby contributing to economic development and poverty reduction in Nacala Development Corridor which covers Mozambique, Malawi and Zambia.

History

The harbour at Nacala was developed immediately post World War 2 to served its own immediate hinterland as well as its neighbouring landlocked Malawi (then known as Nyasaland) in the west, which is served by a 900km railway – the longest in Mozambique. Cargo handled was cotton, tea, tobacco, groundnuts, cashew nuts, sisal, timber, maize and hides and by the early 1970s the Port of Nacala was handling about 500,000 tons of cargo a year, making it Mozambique’s third most important port.

Finance