MOZAMBIQUE SECURE LOAN FOR MOATIZE-MACUSE RAILWAY CONSTRUCTION
Mozambique secures loan for its moatize-macuse railway project which will also help the nation coal production sector. Mozambique has secure a loan worth US2.7Billion from china for the construction of a 639 km-railway. Meanwhile it will transport coal from the mines of Moatize and Chitima in Tete. It will also transport new floating coal terminal off the coast at Macuse, Zambezia, just north of Quelimane. The project will be launch in 2019 with completion date set for 2022….
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