China to Invest $1.4 Billion in Upgrading Zambia-Tanzania Railway
China Civil Engineering Construction Corporation (CCECC) has committed over $1.4 billion to modernize the Tanzania-Zambia Railway (TAZARA), a vital transport link for Zambia’s copper exports to Tanzania’s largest port. TAZARA plays a crucial role in exporting copper and cobalt from Central Africa while offering an alternative route to South Africa’s congested ports. However, years of neglect have left the railway in need of urgent repairs. Negotiations for a 30-year concession with CCECC are still in progress, according to Bruno Ching’andu, Managing Director of TAZARA Authority. “The decision to grant a…
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