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嘉友国际(603871.SH):拟投资赞比亚莫坎博口岸和穆富利拉至莫坎博道路升级改造项目

Jiayou International Logistics (603871.SH): plans to invest in the upgrading and renovation project of the Mokambo Port and the road from Mufulira to Mokambo.

Gelonghui Finance ·  Nov 18 04:15

On November 18, Gu Longhui reported that jiayou international logistics (603871.SH) announced the further expansion of cross-border logistics transportation channels for cobalt and copper mines in Zambia. The wholly-owned subsidiary of the company, China-Africa International Logistics Investment Co., Ltd. (referred to as "China-Africa International"), along with its controlling subsidiary JASWORLDPORTLIMITED, signed the "Design, Financing, Construction, and Operation Concession Contract for the Mokambo Port and the Road from Mufulira to Mokambo" (referred to as the "Concession Contract" or "this Contract") with Zambia's Ministry of Finance and National Planning, the Road Development Agency, and the Ministry of Commerce, Trade and Industry. The contract stipulates that JASWORLDPORTLIMITED will invest, construct, and operate the upgrade and renovation project of the Mokambo port and the road from Mufulira to Mokambo (referred to as the "Concession Project" or "this Project"). The total investment for this project is $56,656,909.83, of which the company holds 90% of the shares in JASWORLDPORTLIMITED, with an investment of $50,991,218.85, funded by the company's own capital and self-raised funds. The Ministry of Finance and National Planning, the Road Development Agency, and the Ministry of Commerce, Trade and Industry granted JASWORLDPORTLIMITED the concession rights for the project, which has a duration of 22 years (including a construction period of 2 years).

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