Shipping News South Africa

Port deal with Maputo signed

South Africa and Mozambique have signed a memorandum of understanding (MoU) which will result in Transnet National Ports Authority (TNPA) collaborating with the Maputo Ports Development Company (MPDC). The MoU was signed on Monday (3 June).

"The MoU opens up collaboration on matters of common interest in areas of infrastructure development, engineering, training and marine services," TNPA's chief executive Tau Morwe said.

Morwe said the countries were not competitors and the agreement would create a closer working relationship with MPDC.

Osorio Lucas, chief executive of MPDC said the agreement is an important step toward fostering greater intra-regional co-operation, which is a key priority of the Southern African Development Community and the Common Market of Eastern and Southern Africa.

Morwe hoped intra-regional trade would reach the same level as that in Asia and Europe.

Source: Sapa via I-Net Bridge

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za
Let's do Biz