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DELAGOA BAY.

PORTUGUESE HARBOUR AND RAIL-

WAY WORKS,

United Press Association—By Elewtrio Telegraph—Copyright. (Received January 21st, 8.44 a.m.) LISBON, January 20. The Portuguese Government has submitted to the Cartes a Bill providing for the completion of harbours at Delagoa and the construction of railways as far as Swaziland. In this connection tha following recent telegram from Lisbon is of interest: — The Portuguese Government have granted to-day to Mr Robert Wil_a__i a concession for a railway from Lobito Bay, near Benguella,' in Portuguese West Africa, to the eastern frontier of the colony. Mr Williams, in his agreement with the Government, has bound himself to register a Portuguese company in Lisbon, with a Portuguese majority on the board, and a Portuguese personnel, and subject to the Portuguese laws, the State reserving every guarantee just as if the railway were its own. The concession is for a period of ninety-nine years, and carries with it the right to all minerals found within seventyfive miles on each sidse of the railway from end to end. Mr W__i___i already' owns large concessions for mines and railways in the Congo State and Northern Rhodesia, and it is averred that the value of the mines already opened up in these districts wiil guarantee the success of this railway, which will cost several million-. It is further stated that the work is to be pushed forward energetically, and that Mr Williams has had a staff of men at Benguella for several months. Ho has placed £100,000 to the credit of the Portuguese Government as a guarantee that he wiil carry out his part of the contract as to time of construction, etc. According to those interested in this concession it is bound to mark a new era in the economic development of Central and South Africa. Lobito Bay is four days nearer to England than the Cape, and is -escribed as one of the finest harbours in the world, able to accommodate larger veesels than Delagoa Bay. With the new railwaj the port of Lobito is promised a great future, and meanwhile Portugal has strengthened her positipn in Africa.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/CHP19030122.2.28.12

Bibliographic details
Ngā taipitopito pukapuka

Press, Volume LX, Issue 11488, 22 January 1903, Page 5

Word count
Tapeke kupu
351

DELAGOA BAY. Press, Volume LX, Issue 11488, 22 January 1903, Page 5

DELAGOA BAY. Press, Volume LX, Issue 11488, 22 January 1903, Page 5

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