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Grindrod remains committed to port of Maputo

22 Oct 2020 - by Liesl Venter and Ed Richardson
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SE-listed Grindrod remains committed to ensuring continuing growth of cargo through Maputo Port, according to Francois van Rensburg, executive of Grindrod Northern Mozambique. “Maputo Port remains a key strategic investment for Grindrod, which owns an effective 24% share in the Maputo Port Development Company (MPDC),” he says. In addition to its role as a principal shareholder in the port concession, Grindrod operates and manages a number of sub-concessions in the port.They are the Matola Coal Terminal, Maputo Car Terminal, the Grindrod Mozambique dry terminal, and the bonded Maputo Intermodal Container Depot.“Over the past decade, Grindrod has made substantial capital investments in excess of US$100 million in its operations within the Maputo Port, along with its involvement in the larger port investments in excess of US$600 million, supporting an expanded and rehabilitated infrastructure as well as the procurement and replacement of equipment,” says Van Rensburg.

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