Mozambique's Ports and Railways (CFM) plan an investment of 70 million dollars, equivalent to approximately 60 million euros, in acquiring new railway rolling stock. The funds will be dedicated to the purchase of locomotives and over 400 wagons.
The financing needed to carry out this investment has already been approved by banking institutions, which allows the company to proceed with the acquisition process without identified financial obstacles.
This investment comes in the context of the need to modernize and strengthen railway transport capacity in Mozambique, a country where railways play a fundamental role in the logistics of goods and passengers.
CFM is Mozambique's main railway company, responsible for operating the national railway network that links various regions of the country and connects to neighboring countries such as Zimbabwe, Zambia, and South Africa.
