Name and Location
Maputo port development – port dredge project, Mozambique.
Client
Grindrod (25.5%).
Project Description
The project involves the dredging of the Maputo port to allow access for fully laden Panamax vessels with a draft of 14.2 m.
Value
$100-million.
The Mozambique government is assisting Grindrod in waiving its concession fee for seven years to pay for part of the dredging costs.
Duration
The project is expected to be completed by mid-2016.
Latest Developments
An independent commercial study is being conducted to assist with the project’s business case.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Not stated.
Contact Details for Project Information
Grindrod, tel +27 31 304 1451, fax +27 31 305 2848 or email grindrod@grindrod.co.za.