VECTURIS

The Consortium composed of Vecturis, Trafigura and Mota-Engil is thrilled to report the signature of the 30-year concession contract for the Lobito Corridor, a key infrastructure for the future of Angola and for the development of international trade on the African continent. 

A working meeting with a delegation from UIC, ANTT, CFB and LAR took place yesterday, February 27, at CFB's office in Lobito. It was an opportunity to discuss topics related to UIC's activities in the African rail market and to discuss the ever-important subject of Safety. This was followed by a visit to the Operations Control Center, rolling stock maintenance workshops and the Porto Mineiro Terminal, infrastructures under the management of LAR. #LAR #CFB #ANTT #UIC #safety

Today, January 25, at 00:00, Lobito Atlantic Railway S.A. (LAR) took over the operation of the Benguela Railway. At 5:00 am, the departure of the first two trains was authorized by the LAR Operation Control Center in the presence of the Board of Directors of the Caminho de Ferro de Benguela (CFB).

Congratulations to Ivanhoe Mines who have started exports from Kamoa-Kakula Copper Complex along the Lobito Atlantic Rail Corridor. This week the first concentrate shipment of their 10,000-tonne trial arrived at the Angolan port of Lobito by rail from Kolwezi in the Democratic Republic of the Congo, taking eight days to reach the port of Lobito, compared with approximately 25 days by road to Durban, South Africa. The second train is already at Luau in Angola on its way to Lobito.   The Lobito railway extends across Angola for almost 1,300km and then continues for 400km into the Democratic Republic of the Congo to Kolwezi, the heart of the Copperbelt. It also connects with the extensive rail network run by the @National Railway Society of the Congo (SNCC). The 30-year concession has been awarded to the Lobito Atlantic Railway consortium joint venture company comprising Trafigura, Mota-Engil and VECTURIS SA. The Consortium has committed to invest USD455 million in Angola and up to a further USD100 million in the DRC on the improvement of the Lobito Corridor’s rail infrastructure, capacity and safety, including rolling stock consisting of over 1,500 wagons and 35 locomotives.    Ivanhoe Mines’ Founder and Executive Co-Chairman, Robert Friedland commented: "Our first trial shipment is an important milestone on the path to creating a new supply chain linking the Central African Copperbelt to world markets. Establishing a reliable, modern rail link to the port of Lobito in Angola will have transformational benefits for the people of the Democratic Republic of the Congo, Angola and Zambia.” For more read: https://lnkd.in/edkNBr2a #ConnectingVitalResources #Trafigura #Logistics #SupplyChainManagement #LobitoAtlanticCorridor

Happy New Year! Happy new endavours! As the year comes to an end more to come in Lobito Corridor! Thank you to partners LAR- Lobito Atlantic Rail, CFB Team, Empresa Protuaria do Lobito Team! This is what we need to put our country in the Global Map!! Lobito Corridor is happening!!!