Lobito – Concession of the Lobito Corridor to the Trafigura, Vecturis and Mota-Engil consortium for its operation and maintenance for 30 years has been praised due to its role in bringing large financial flows to the country, ANGOP hasn’t learnt.
Speaking during a debate on the logistics platform, promoted by Benguela Radio Broadcasting station, the economist Janísio Salomão also said that the State had spent billions of dollars to revive its infrastructures.
He added that as the State needed a return on invested capital, it “has put up the Lobito Corridor for the international public tender.
He said that Benguela Railroad (CFB), the port of Lobito and Catumbela International Airport are crucial for Lobito Corridor, adding that they will facilitate circulation of goods across the country and thus the export of products to neighbouring countries, such as the Democratic Republic of Congo (DRC), with a population estimated at 100 million.
To the manager of the Technical and Security field of the port of Lobito, Joaquim Cristiano, the operation of the corridor by the consortium will ensure the swift transportation of mining products from neighbouring countries, mainly from the DRC and Zambia.
“We have been seeing the flow of cobalt and manganese via the Corridor, still in a timid way,” he said.
Source: Angola Press News Agency