Mozambique to lease part of Nacala Port to Malawi
NewsMozambique and Malawi signed an agreement to enhance trade by leasing part of the Port of Nacala to Malawi for developing a dedicated terminal.
The government of Mozambique, the Japan International Cooperation Agency (JICA) and stateowned transport utility Portos e Caminhos de Ferro de Moçambique have finalised plans to redevelop the Port of Nacala in Mozambique’s Nampula Province. JICA has provided a US$84M loan to fund the rehabilitation of the existing port infrastructure in preparation for massive expansion.
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