The Government of Mozambique has announced auspicious news for the country's economy with the 25-year extension of the Maputo port concession, which is expected to bring more than 7.3 billion euros (approximately eight billion dollars) in direct benefits. According to the Deputy Minister of Transport and Communications, Amilton Alissone, this estimate includes rents, dividends and direct taxes arising from the operation and management of the port.
The signing of the addendum to the concession contract with the MPDC consortium, which will now run until 13 April 2058, is a significant milestone for national infrastructure, symbolising not only a vote of confidence in the consortium's management and operational capacity but also a positive signal to international investors.
The future interventions planned for the port, within the framework of this concession extension, have the potential to create more than 1,000 direct jobs and around 5,000 indirect jobs, according to Alissone. This significant increase in employment is expected to give a strong boost to Mozambique's socioeconomic development, reinforcing the country's role as a key point in regional and international logistics.
This expansion and improvement of port operations will not only strengthen Mozambique's position as a strategic logistics hub in Southern Africa but also boost trade flows in the region, directly benefiting the Mozambican economy and indirectly the economies of neighbouring countries through greater efficiency and cargo-handling capacity.
