22
Dec
The Angolan Executive, through the Ministry of Transport, and the consortium consisting of Trafigura Group Pte Ltd, Vecturis, SA, and Mota-Engil, Engenharia e Construção África, SA, signed on November 4th, in Luanda, the concession contract for the Lobito Corridor. Over the next 30 years, this consortium will take over the operation, operation, and maintenance of rail freight transport and all existing infrastructure along the Corridor. The value of the contract signature award for this concession is US$100 million, which is in line with the other concessions in the Angolan transport sector. It has made it possible to differentiate competitors based…