Tazara chief seeks private funds

News-in-print

The managing director of the Tanzania-Zambia Railway Authority (Tazara), Bruno Ching’andu, has called on the private sector to support its massive capital needs. The executive said that the railroad needed US$250M in the short term, and more than US$1.2B in the long term, to modernise its track, acquire new equipment, including signalling, and the correctly designed rolling stock to efficiently handle its changing passenger and freight business.

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Tazara chief seeks private funds ‣ WorldCargo News

Tazara chief seeks private funds

News-in-print

The managing director of the Tanzania-Zambia Railway Authority (Tazara), Bruno Ching’andu, has called on the private sector to support its massive capital needs. The executive said that the railroad needed US$250M in the short term, and more than US$1.2B in the long term, to modernise its track, acquire new equipment, including signalling, and the correctly designed rolling stock to efficiently handle its changing passenger and freight business.

Do you want to read the full article?

Register to continue reading

By registering you will have:

  • Access to all Premium content
  • Discount on selected events
  • Full access to the entire digital archive
  • 10x per year Digital Magazine

SUBSCRIBE or, if you are already a member Log In

 

Having problems logging in? Call +31(0)10 280 1000 or send an email to customerdesk@worldcargonews.com.