Mozambique to buy new dredging equipment

APA-Maputo (Mozambique) Mozambique’s Ports and Railways Company (CFM) has said that it will purchase two new dredgers costing US$90 million to secure permanent dredging of all its national ports along the Indian Ocean coastline, APA has learnt here.

CFM Chief Executive Officer Rui Fonseca said on Wednesday that the US$90 million was already available after being sourced from the company’s development partners.