Mozambique Infrastructure Project
The World Bank’s Southern Africa Trade and Connectivity Project will improve trade infrastructure across the Nacala Corridor in Mozambique, Malawi and Zambia.
The Nacala Corridor is a logistic highway that links four Mozambique Provinces (Nampula, Niassa, Cabo Delgado and Tete) and two neighboring countries (Malawi and Zambia). The Mozambican Government envisions this corridor will provide fast, competitive infrastructure for trade and commerce, such as modernized borders, rail and roads connecting all major industrial centers and, finally the port of Nacala. This corridor reaches over 40 million people.
The World Bank is developing the Southern Africa Trade and Connectivity Project that will essentially improve trade infrastructure across the Nacala Corridor in Mozambique, Malawi and Zambia. This project will significantly improve the market conditions for international companies doing business in these countries.
The World Bank Southern Africa Trade and Connectivity Project focuses on four areas:
- Reduce trade costs: Improve trade facilitation and regulatory capacity along the corridor. Enabling digital trade through the development of trade ICT systems, as well as improving transparency.
- Strengthen regional coordination: Enhance regional coordination and strengthen regional institutions. Support for the expansion and rehabilitation of border posts.
- Increase investment in value chains: Increase productivity, reliability, and enhance quality through an integrated value chain approach, working conjointly with producers who will utilize the corridor.
- Improve road connectivity: Fill gaps in key corridor roads or connectors to economic centers. Improving road projects valued at $ 115m in Mozambique alone.