The Deputy Prime Minister of the Democratic Republic of the Congo (DRC), Jean Pierre Bemba, stated on Wednesday in Luanda that the Lobito Corridor could facilitate the annual transaction of around 1.5 million tons of ore, strengthening the export of mineral resources from the region to the international market.
During his intervention at a thematic session on project development, held within the framework of the 3rd Summit on Infrastructure Financing in Africa, the official highlighted that the operationalization of the corridor will significantly reduce costs and export time, currently managed through the ports of Dar Es Salaam (Tanzania), Durban (South Africa), and Beira (Mozambique).
“With the full operationalization of the Lobito Corridor, costs could decrease by around 30 percent,” said Jean Pierre Bemba, adding that the DRC is investing in the rehabilitation of road and rail networks to ensure smoother transport of minerals from mining areas.
Meanwhile, Zambia’s Minister of Infrastructure and Urban Development, Charles Milupi, considered the Lobito Corridor strategic because it provides a direct connection to the Atlantic Ocean via the Port of Lobito, in addition to enabling the revitalization of the Tazara Corridor.
Source: Líder Magazine
