{"id":54718,"date":"2024-01-27T18:38:41","date_gmt":"2024-01-27T18:38:41","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval"},"modified":"2024-01-27T20:01:24","modified_gmt":"2024-01-27T20:01:24","slug":"dp-worlds-2-billion-mozambique-port-expansion-gets-approval","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval","title":{"rendered":"DP World\u2019s $2 billion Mozambique port expansion gets approval"},"content":{"rendered":"

Africa-Press – Mozambique. <\/strong><\/span>Mozambique approved an extended deal for DP World Ltd., Grindrod Ltd. and other operators of its biggest port, including a $2 billion expansion that will further draw cargoes away from neighbouring South Africa\u2019s creaking trade infrastructure.<\/p>\n

The group, which also includes Mozambique\u2019s state-owned railway operator, won a 25-year extension to run the port in Maputo, the capital, ending in 2058. The Council of Ministers approved the deal on Tuesday, according to a statement. The agreement includes investments of nearly $1.1 billion by 2033 when the original concession was due to end.<\/p>\n

Maputo\u2019s port has grown rapidly in recent years, as it caters to demand from Mozambique\u2019s growing economy and exports from neighbouring South Africa. Miners of coal, chrome and magnetite, a type of iron ore, have been sending increased volumes by truck to Maputo as snarl-ups at South Africa\u2019s state-owned rail and ports company Transnet SOC Ltd.\u2019s have cost them billions of dollars in lost revenue.<\/p>\n

Capacity at the port is set to increase to 54 million tons per year by 2058, from 37 million tons this year, according to the extended concession agreement. That includes expanding a coal terminal in Matola next to Maputo to 18 million tons yearly, from 7.5 million tons. Annual shipping-container capacity will almost quadruple to a million units over the same period.<\/p>\n

For More News And Analysis About Mozambique<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mozambique. Mozambique approved an extended deal for DP World Ltd., Grindrod Ltd. and other operators of its biggest port, including a $2 billion expansion that will further draw cargoes away from neighbouring South Africa\u2019s creaking trade infrastructure. The group, which also includes Mozambique\u2019s state-owned railway operator, won a 25-year extension to run the […]<\/p>\n","protected":false},"author":84,"featured_media":54717,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,281,283],"class_list":["post-54718","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-mozambique","tag-mozambique"],"yoast_head":"\nDP World\u2019s $2 billion Mozambique port expansion gets approval - Mozambique<\/title>\n<meta name=\"description\" content=\"Mozambique approved an extended deal for DP World Ltd., Grindrod Ltd. and other operators of its biggest port, including ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DP World\u2019s $2 billion Mozambique port expansion gets approval\" \/>\n<meta property=\"og:description\" content=\"Mozambique approved an extended deal for DP World Ltd., Grindrod Ltd. and other operators of its biggest port, including ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval\" \/>\n<meta property=\"og:site_name\" content=\"Mozambique\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-27T18:38:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-27T20:01:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/01\/sm_1706372452.195827.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"825\" \/>\n\t<meta property=\"og:image:height\" content=\"510\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"DP World\u2019s $2 billion Mozambique port expansion gets approval\",\"datePublished\":\"2024-01-27T18:38:41+00:00\",\"dateModified\":\"2024-01-27T20:01:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval\"},\"wordCount\":236,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/01\/sm_1706372452.195827.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mozambique\",\"Mozambique\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval\",\"name\":\"DP World\u2019s $2 billion Mozambique port expansion gets approval - Mozambique\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/01\/sm_1706372452.195827.jpg\",\"datePublished\":\"2024-01-27T18:38:41+00:00\",\"dateModified\":\"2024-01-27T20:01:24+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Mozambique approved an extended deal for DP World Ltd., Grindrod Ltd. and other operators of its biggest port, including ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/01\/sm_1706372452.195827.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/01\/sm_1706372452.195827.jpg\",\"width\":825,\"height\":510,\"caption\":\"DP World\u2019s $2 billion Mozambique port expansion gets approval\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/mozambique\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"DP World\u2019s $2 billion Mozambique port expansion gets approval\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#website\",\"url\":\"https:\/\/www.africa-press.net\/mozambique\/\",\"name\":\"Mozambique\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"DP World\u2019s $2 billion Mozambique port expansion gets approval - Mozambique","description":"Mozambique approved an extended deal for DP World Ltd., Grindrod Ltd. and other operators of its biggest port, including ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval","og_locale":"en_US","og_type":"article","og_title":"DP World\u2019s $2 billion Mozambique port expansion gets approval","og_description":"Mozambique approved an extended deal for DP World Ltd., Grindrod Ltd. and other operators of its biggest port, including ...","og_url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval","og_site_name":"Mozambique","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2024-01-27T18:38:41+00:00","article_modified_time":"2024-01-27T20:01:24+00:00","og_image":[{"width":825,"height":510,"url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/01\/sm_1706372452.195827.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"DP World\u2019s $2 billion Mozambique port expansion gets approval","datePublished":"2024-01-27T18:38:41+00:00","dateModified":"2024-01-27T20:01:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval"},"wordCount":236,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/01\/sm_1706372452.195827.jpg","keywords":["Africa Press","Africa Press-Mozambique","Mozambique"],"articleSection":["all news","economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval","url":"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval","name":"DP World\u2019s $2 billion Mozambique port expansion gets approval - Mozambique","isPartOf":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/01\/sm_1706372452.195827.jpg","datePublished":"2024-01-27T18:38:41+00:00","dateModified":"2024-01-27T20:01:24+00:00","author":{"@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Mozambique approved an extended deal for DP World Ltd., Grindrod Ltd. and other operators of its biggest port, including ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval#primaryimage","url":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/01\/sm_1706372452.195827.jpg","contentUrl":"https:\/\/static.africa-press.net\/mozambique\/sites\/64\/2024\/01\/sm_1706372452.195827.jpg","width":825,"height":510,"caption":"DP World\u2019s $2 billion Mozambique port expansion gets approval"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/mozambique\/all-news\/dp-worlds-2-billion-mozambique-port-expansion-gets-approval#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/mozambique\/"},{"@type":"ListItem","position":2,"name":"DP World\u2019s $2 billion Mozambique port expansion gets approval"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/mozambique\/#website","url":"https:\/\/www.africa-press.net\/mozambique\/","name":"Mozambique","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/mozambique\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/mozambique\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/54718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/comments?post=54718"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/posts\/54718\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media\/54717"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/media?parent=54718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/categories?post=54718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/mozambique\/wp-json\/wp\/v2\/tags?post=54718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}