TAZARA, the Tanzanian-Zambia Railway owner, has lured a staggering $1.4 billion investment in the form of a Public-Private Partnership (PPP) agreement between it and China Civil Engineering Construction Corporation (CCECC). The landmark agreement will upgrade the railway to world-class infrastructure and operations for maximum long-term efficiency and sustainability.
The 30-year agreement schedules a phased rehabilitation and modernization of the railway network. The initial three years will go into track rehabilitation, reconditioning of the locomotives and wagon sets, and overhauling of the overall modus operandi of the railway by CCECC. The...
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Weba Chute Systems, a South African original equipment manufacturer specialising in custom- engineered chute systems, was honoured at the Exporter of the Year Awards...