The Transport Policy approved by Resolution 5/96 on April 2nd recommended the participation of private capital in the rehabilitation, exploitation and management of infrastructure, rail and port services. Therefore a consortium of private investors has been created, forming a private Mozambican company called Development Society Of Nacala Corridor SA (SDCN).
SDCN in partnership with the company Portos e Caminhos de Ferro de Mozambique, EP (CFM) created a private company called the Northern Development Corridor (CDN), SA. The CDN is responsible for the management, financing, maintenance and optimization of infrastructure for rail and port services as well as the development and operation of that infrastructure.
Under the Decrees 20/2000 and 21/2000, both dated July 25 of 2000, the terms of the concession for the Port of Nacala and the Northern Railway Line were approved, granting CDN the rail and port concession. On 29 September 2000 the contracts between the Government of the Republic of Mozambique as the Granting Authority and CTM and CFM, as CDN – the public corporation managing the port goods and services sealed a deal valid for 15 years, starting from the beginning of the operation.Top of Form
On 10 January 2005, CDN started the management and operation of the Port of Nacala and the Northern Railway Line which includes the Nacala-Porto section / Nampula / samba / Entre-Lagos and Cuamba Lichinga sections. The structure owned by SDCN (with 51% of the shares) and CFM (with 49% of shares) was expected to meet the new demands of general cargo and coal of the railway line concession contract and was later extended for an additional period of 15 years. The contract is now scheduled to end on January 10, 2035.