DP World extends port investment in Mozambique

DP World says it’s making a substantial new investment to expand the port of Maputo in Mozambique, reinforcing the country’s position as a regional trade hub.

The photo shows Sultan Ahmed bin Sulayem, CEO of DP World, meeting with Mozambique’s President Filipe Nyusi in New York

The Dubai-based logistics giant plans to invest US$600 million over the next three years, further boosting Mozambique’s port infrastructure and enhancing trade connectivity for neighbouring countries such as South Africa, Zimbabwe and Zambia.

“We’re excited about Mozambique’s potential, especially in key areas like Nacala, where we can add significant value to the trade sector,” said Sultan Ahmed bin Sulayem, CEO of DP World, following a meeting with Mozambique’s President Filipe Nyusi in New York.

“Our expansion of the port of Maputo is a major step forward, as it will create jobs, improve logistics, and foster economic growth both in Mozambique and across the region.”

Port expansion

The Maputo Port expansion will significantly increase capacity, including boosting the container terminal’s capacity from 170,000 to 530,000 containers.

Concession of the Port of Maputo, granted to Sociedade de Desenvolvimento do Porto de Maputo (MPDC) will run until 13 April 2058, according a contract approved by decree of the Mozambican government published last April.

The first phase of the terminal’s expansion will increase capacity from the current 170,000 to 530,000 containers in three years.

It will also expand the Matola Coal Terminal capacity from seven million to 12 million tonnes per year.

By the end of the concession period in 2058, cargo handling volumes are expected to double, with an estimated total volume of 50.9 million tonnes annually.

DP World’s investment aligns with Mozambique’s broader goals to enhance its blue economy and port governance, while creating over 2,000 additional jobs.

The expansion promises not only to bolster Mozambique’s economy, but also strengthen its role in African trade and logistics.