Work is about to get underway on the Maputo-Catembe bridge and the nearby Bela Vista-Boane and Catembe-Ponta do Ouro roads in Maputo province, Mozambique.
Cadmiel Muthemba, Mozambique minister of public works and housing, revealed the imminent start date for the project which will include a bridge spanning around 3km, while the roads will have a combined length of 209km. The roads and bridge will have a total of four tolls. The tolls’ income will be used to finance a loan repayment worth US $681.60 million to the2834 China Export and Import Bank (ExIm). The two-decade loan features a 4% interest rate and a five-year grace term. The 3366 China Road and Bridge Corporation (CRBC) won the bridge contract valued at $ 725 million. The Chinese firm will also build the project’s roads.
Cadmiel Muthemba, Mozambique minister of public works and housing, revealed the imminent start date for the project which will include a bridge spanning around 3km, while the roads will have a combined length of 209km. The roads and bridge will have a total of four tolls. The tolls’ income will be used to finance a loan repayment worth US $681.60 million to the
