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Mozambique Port of Maputo Records Growth of More than 16% Over the Previous Year

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Mozambique Port of Maputo Records Growth of More than 16% Over the Previous Year

(3 Minutes Read)

Maputo Port Development Company (MPDC) has announced its annual results, highlighting significant growth in various metrics, and consolidating its position as one of the region’s main economic drivers. At the Port of Maputo, the country’s largest, more than 31.2 million tonnes were handled, an increase of 16.7% compared to 2022.

National ports handled more than 63 million tonnes of goods in 2023, an increase of 12.3% compared to the 56.1 million tonnes handled in 2022. At the Port of Maputo, the country’s largest, more than 31.2 million tonnes were handled, an increase of 16.7% compared to 2022, followed by Nacala-a-Velha, with 13.8 million tonnes, revealed the 2023 budget execution report.

Of the 31.2 million tons handled, approximately 25 million were made up of various ores, including chromium, ferrochrome, magnetite, coal, phosphate ore, vanadium, titanium, copper, and vermiculite, among others. “The handling of these cargoes reflects the diversification strategy on which the Port of Maputo has focused in recent years,” says Osório Lucas, MPDC’s Chief Executive Officer. One point to highlight is the more balanced distribution of the volumes transported. While 61% was handled by road, 39% was transported by rail, indicating a significant increase of 8.4% in rail use compared to the previous year, thus also setting a new record for the Port of Maputo.

The sustainable growth of the transportation corridor continues to be a concern for MPDC. Although there is growth in rail handling, demand for the Port has grown exponentially and so we will continue to work with CFM to seek a better balance between rail and road cargo,” explains the Executive Director. Another of the measures adopted by MPDC during 2023 to mitigate road congestion was the opening of the Truck Traffic Management Park in Pessene, which opened in November.

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The substantial increase in the volume of cargo has had a direct impact on the value of the fixed and variable fees paid to the Government of Mozambique. In this context, the Port of Maputo contributed more than 41 million dollars (excluding taxes and dividends to shareholders), marking a growth of 29% on last year. This financial increase consolidates the Port’s economic contribution to the country’s development.