Kentz awarded US$38m contract in Mozambique
Kentz Corporation Limited (LSE:KENZ), the holding company of the Kentz engineering and construction group, is pleased to announce the award by Corredor Logistico Integrado de Nacala S.A., (CLIN – a Joint Venture company between Vale Moçambique Limitada 80% and CFM, the Mozambique Port and Railways Authority 20%) for the Nacala Corridor Project in northern Mozambique.
The Nacala Corridor Project is intended to provide a logistics solution for the transportation of coal mined at Moatize, in Tete province to the maritime terminal located in Nacala on the Indian Ocean, via a new 912km long railway corridor.
Kentz Engineers and Constructors Limitada has been contracted to undertake the structural, mechanical, electrical and instrumentation erection and provide commissioning assistance required to construct the main stock yard equipment. Kentz will erect 13km of interconnecting belt conveyors as well as assemble and install circa 14,000 tonnes of equipment including tipplers, stackers, reclaimers and shiploaders.
The contract is scheduled for completion in November 2014.
The US$38m contract will be executed by the Construction Business Unit which will mobilise a peak project workforce of 700 staff and field personnel. This workforce will be primarily made up of workers local to Mozambique.
Carl Dyer, Kentz Regional Managing Director for Africa commented:”With the award of this important project, Kentz is delighted to continue the relationship with Vale in Mozambique. Following the successful completion of Moatize Phase 1, the award of this critical component of the Nacala Corridor Project demonstrates the confidence this key client has in our ability to deliver complex, fast track projects in geographically challenging areas”.