Grindrod looks to invest in Maputo port
Business Report - Johannesburg, South Africa
Durban - Grindrod, the shipping and logistics group that recently reported a 94 percent increase in earnings to R1.1 billion in the six months to June, was investigating making a substantial investment in the Maputo port to bring it on par with Durban, South Africa's busiest port. ...Grindrod and DPW each own 48.5 percent of Portus Indico. The balance of 3 percent is held by a Mozambican shareholder. The Maputo port is run by Portus Indico, which has a 51 percent interest in the Maputo Port Development Company. The Mozambican government and rail operator CFM hold 49 percent. ...
Business Report - Johannesburg, South Africa
Durban - Grindrod, the shipping and logistics group that recently reported a 94 percent increase in earnings to R1.1 billion in the six months to June, was investigating making a substantial investment in the Maputo port to bring it on par with Durban, South Africa's busiest port. ...Grindrod and DPW each own 48.5 percent of Portus Indico. The balance of 3 percent is held by a Mozambican shareholder. The Maputo port is run by Portus Indico, which has a 51 percent interest in the Maputo Port Development Company. The Mozambican government and rail operator CFM hold 49 percent. ...
Posts
No comments:
Post a Comment