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Grindrod appoints Norton Rose South Africa as legal adviser in Maputo port expansion worth $800m

11th May 2012

By: Creamer Media Reporter

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Grindrod Mauritius, a subsidiary of Grindrod Limited (a global integrated logistics service supplier), has appointed Norton Rose South Africa as its international legal adviser on the expansion project of the Matola Coal Terminal (TCM) in Mozambique, estimated at US$800 million. The expansion project will increase the capacity of the port’s coal and magnetite terminal from an existing output level of 6 million tonnes per annum to more than 20 million tonnes per annum over a period of six years.

Norton Rose Group has strong experience in the areas of international project finance and ports development, including throughout Africa. The team, made up of lawyers from South Africa, London and Australia, are advising on all legal aspects of the project, including project finance, construction, commercial (rail and port), environment and tax, and will be working closely with the advisory team, including Mozambican counsel and Standard Chartered Bank as financial advisers.
Julian Jackson, co-head of the Africa practice says:

“We are excited about being involved in this major infrastructure project, which will benefit Mozambique and South Africa. Grindrod is a leading international infrastructure player and we look forward to combining our African and international infrastructure experience with that of the Grindrod team and making a success of this project.”

Norton Rose Group is an international legal practice with offices throughout the world. It is a recognised leader in African infrastructure projects. The South African office recently won Legal Adviser of the Year in Africa Investor’s annual Infrastructure Investment Awards, 2012.

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Norton Rose South Africa provides an international pan-African legal service and expert advice to corporates, investment funds and financial institutions doing business in Africa, and has advised on transactions in over 40 African jurisdictions.

For further information please contact:

Candice Collins, communications specialist, Norton Rose South Africa
Tel +27 11 685 8630; Mob: +27 79 892 9369
candice.collins@nortonrose.com

Anusha Mudhai, communications co-ordinator, Norton Rose South Africa
Tel +27 11 685 8947; Mob: +27 84 911 2535
anusha.mudhai@nortonrose.com

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