The government of Mozambique has awarded a construction concession for the deep water port at Techobanine, in Maputo province. The contractor's name has not yet been made public, although the contract is worth an estimated $7 billion, which will be bankrolled by the governments of both Mozambique and Botswana. Once operational, the port will handle export minerals from Botswana, South Africa and Zimbabwe, among others, and, thanks to its hundred million tonne annual capacity, will act as a strategic reserve for solid fuel.