The global port and logistics company DP World is pressing ahead with its investment plans in Mozambique.
The aim is to strengthen trade opportunities throughout southern Africa in the long term. The country is a “hub” for regional trade.
At the United Nations General Assembly in New York, Sultan Ahmed bin Sulayem, Chairman and CEO of DP World Group, and Filipe Nyusi, President of Mozambique, met for joint planning. Among other things, industrial parks are to be created in Mozambique, and DP World also wants to improve the infrastructure and expand the port of Maputo.
According to the company, the expansion of the logistics infrastructure would benefit not only Mozambique but also South Africa, Zimbabwe, Zambia and other neighbouring countries. The logistics giant is thus continuing its investments, despite falling profits in the first half of 2024.
DP World invests in the port of Maputo
“We are excited about the opportunities available in Mozambique and across Southern Africa,” said Bin Sulayem. “Our investment will add significant value to the trade sector and help strengthen Mozambique’s role as a gateway for cargo traffic across the region.”
DP World is a long-standing operator of the Port of Maputo, having recently extended its concession for a further 25 years. The company is currently investing US$600m in the expansion of port infrastructure with the aim of increasing throughput capacity from 170,000 TEU per year to 530,000 TEU per year by 2027. DP World also operates parts of the country’s road freight transportation.
The expansion plans are “part of a broader vision to strengthen Mozambique’s position as a regional trade leader while supporting economic growth and development across Southern Africa,” the company said. By expanding logistics and port capacity, DP World aims to promote sustainable growth in Mozambique and strengthen links with neighbouring economies.
The port of Maputo is strategically located to serve southern Africa. It has a 400-metre-long quay with a draught of 12 metres. The terminal has a capacity of 255,000 TEU per year and is supported by a modern infrastructure with 450 reefer containers, a fleet of 1750 vehicles and three mobile harbour cranes.
According to DP World’s plans, the container terminal in Maputo is to be expanded and given a 650-metre-long quay with a draft of 16.5 metres. The terminal’s capacity will be increased to 600,000 TEU per year, supported by three new post-Panamax ship-to-shore cranes and three mobile harbour cranes.
