PORTUGUESE GROUP TO BUILD LINE IN MALAWI

PORTUGUESE GROUP TO BUILD LINE IN MALAWI

Published on February 22, 2012 at 10:39 AM by FACE OF MALAWI

61 words • approx. 1 min read

The new connecting line of about 145km to Blantyre in Malawi from a point some 50km east of Moatize in Mozambique is to be built by Portuguese group Mota-Engil. The contract – funded by the Brazilian mining group Vale – is worth $US 703 million, according to a statement filed with Portuguese stock market regulator CMVM. The work is to be completed by mid-2014.

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