PORTUGUESE GROUP TO BUILD LINE IN MALAWI

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The new connecting line of about 145km to Blantyre in Malawi from a point some 50km east of Moatize in Mozambique is to be built by Portuguese group Mota-Engil. The contract – funded by the Brazilian mining group Vale – is worth $US 703 million, according to a statement filed with Portuguese stock market regulator CMVM. The work is to be completed by mid-2014.

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