The international tender for the construction of a new railway to link Mozambique’s coal fields to the coast closed at the end of last week. The project is being developed by Thai Moçambique Logística, a joint venture between Thailand-based Italian Thai Development Company, which has a 60% share, local State-owned ports and railways company Portos e Caminhos de Ferro de Moçambique (better known as CFM), with a 20% stake, and local private sector consortium Corredor do Desenvolvimento Integrado do Zambeze (Zambeze Integrated Development Corridor, generally known by the acronym Codiza), also with 20%.
