The government has granted a 15-year concession to the construction, operation, maintenance and management of the Chongoene Port Terminal, located in Gaza province, to Sociedade Terminal de Minérios de Chongoene SA, formed by the Chinese company Desheng and the state-owned Ports and Railways of Mozambique (CFM). The concession allows the companies to design, finance, build, operate, maintain, explore and return all related and auxiliary projects at the end of the contract.

The storage and handling activities of national heavy sands in bulk will be developed on an exclusive basis within the concession perimeter, and the terminal has a minimum capacity to export eight million tons per year, which may increase depending on demand.

The first phase of investment for the construction of the Chongoene Port Terminal is budgeted at 55 million dollars.

(Source: Diário Económico, on August 30)