Friday, March 6, 2020

Zambia signs over $824 million deal with China Railway for line upgrades


A section of the Tazara Railway line.
A section of the Tazara Railway line. FILE PHOTO | NMG 
REUTERS
By REUTERS
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Zambia has signed a contract of more than $824 million with a subsidiary of China Railway Construction Corporation to ...
upgrade a rail line, the company said on Wednesday.
China Civil Engineering Construction Corporation will rehabilitate the railway line in southern Zambia over a period of eight years, China Railway said in a statement.
The railway has a total length of 648.26 km (403 miles), the statement said, adding that the contract value of the project amounted to approximately $824.87 million.

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