Deal #5319

Mozambique
Created at
2016-11-03
Last update
2024-02-26
Last full update
2024-02-26

Operating Company

Operating company
Actors involved in the negotiation / admission process
  • Mozambique's Council of Ministers Government / state institutions (government, ministries, departments, agencies etc.)
  • Mozambican government Government / state institutions (government, ministries, departments, agencies etc.)
  • Abu Dhabi Government Government / state institutions (government, ministries, departments, agencies etc.)
Name of investment project
Lurio River Valley Project
Comment on investment chain
Consortium created to manage the project, the Companhia do Vale do Rio Lurio (CVRL). Turconsult is headed by Rui Monteiro, an influential Mozambican businessman with alleged high-level connections to Mozambique’s ruling Frelimo Party. Turconsult’s role was described by Arcem as a “project advisor coordinating the consultative and approval process”. Lurio Valley Development Project’s beneficial owners might also include Mauritian-based Agri-Pemba, Highlands Trust and Arcadia Energy and Mining.Budget estimated at US$4.2 billion.
Network of parent companies and tertiary investors/lenders
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Legend
  • Is operating company of
  • Is parent company of
  • Is tertiary investor/lender of