Issued by: Department of Transport
Mozambican & SA Governments to Sign Accords on 26th July
Wednesday, July 17, 1996
This month will see the signing of important enabling documents to up the pace of the Maputo Corridor project.
Transport Minister Mac Maharaj, accompanied by Director-General Ketso Gordhan, will arrive in Maputo on 26th July for a signing ceremony which will serve as a crucial milestone in the evolution of this ambitious set of regional integration and development projects.
Ministers Maharaj and Paulo Muxanga of Mozambique will sign the broad Framework Agreement for the establishment of the Corridor projects at 3:30 pm on the 26th - together with three other important ancillary agreements:
With the signing of these important accords, the way will be opened for the initial phases of the project: rail, road and port upgrades which will lay the foundations of an integrated regional infrastructure network crucial to the realisation of the tremendous opportunities for economic growth and development which exist in the area.
The two governments are very confident that the take-off point has now been reached for the implementation of the many private sector investments and public-private partnerships which together will release the enormous potential of the Maputo Corridor and its sub-Corridor areas. In the medium term, important developments can be expected in terms of:
A full set of documents on the Maputo Development Corridor - including overviews of the investment environments for both countries and sectoral overviews, with already-proposed projects for each sector - will soon be available on the internet at http://www.sacs.org.za
The DoT will shortly be expanding its presence further on this site. This will include the introduction of a regularly updated "Corridor News" topic. Watch this space!
Contact: Karen Pearce, Dept, of Transport, Pretoria Tel: 012 - 290 2025 Fax: 012 - 328 5926
Or: Dave Arkwright, Development Bank of SA 011 - 313 3911