Mozambique has picked a Thai construction firm as the preferred developer of a $3 billion railway and port project to boost coal exports, a senior government official told Reuters.
Bangkok-based Italian-Thai Development Pcl will construct the 525 km (325 mile) rail line from Tete province to Macuse in Mozambique’s Zambezia province and a port able to handle 25 million tonnes of cargo per year, the official said.
The government would officially announce the winning bid “very soon” but Italian-Thai, Thailand’s largest construction group, had already been notified that it had won the tender, the transport ministry official said.
Twenty one companies, including miner Rio Tinto had bid for the project.
It is investing $4.4 billion to revamp a railway line from Tete to the deep-water port of Nacala via Malawi.