Mozambique - Beira Railway Project

Page 1 Updated Project Information Document (PID) Report No: AB938 Project Name MOZAMBIQUE - Beira Railway Project Region Africa Regional Office Sector Railways (100%) Theme Other financial and private sector development (P); Other public sector governance(S) Project P082618 Borrower(s) GOVERNMENT OF MOZAMBIQUE Implementing Agency(ies) CFM Address: Caixa Poatal 2158 Praca dos Trabalhadores, Maputo, Mozambique Contact Person: Mr. Rui Fonseca Tel: 258 (1) 431706 Fax: 258 (1) 313364 Email: ruifonseca@cfmnet.co.mz Environment Category B (Partial Assessment) Date PID Prepared May 24, 2004 Auth Appr/Negs Date June 21, 2004 Bank Approval Date October 28, 2004 1. Country and Sector Background Mozambique has sustained a high economic growth rate since achieving peace in 1992, mainly due to transformation of a centrally planned state-controlled economy into a market-oriented one. As a result of peace, democracy, liberalization, and prudent monetary a nd fiscal policies, Mozambique