(LUSAKA TIMES) TAZARA to be privatised
TAZARA to be privatisedPosted on March 15th, 2008
Zambia and Tanzania are in the process of privatising the operations of the Tanzania-Zambia Railway (TAZARA). Communications Minister, Dora Siliya said the move is aimed at attracting capital to revitalise the Railway company. Ms. Siliya said the Railway industry is an important player in driving the economies of countries forward.
The Minister said this in a speech read for her by Central Province Deputy Permanent Secretary, Luke Mankapi. This was at the Inauguration of the two rehabilitated TAZARA locomotives with support from Konkola Copper Mine (KCM) in Kapiri Mposhi.
This is out of the 18 locomotives to be rehabilitated at cost of $10.8 million.
At the same function TAZARA Managing Director, Clement Mwiya said rehabilitation of locomotives is timely as business between Zambia and Tanzania and surrounding countries is on the increase.
KCM Resident Director, Deb Bandhyopadhay called for improved infrastructure in the railway transport sector.
Labels: TAZARA
posted by MrK @ 4:30 AM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home