Progress on TAZARA Corridor Deal Expected as Zambia Eyes Railway Expansion
The Zambian government anticipates finalizing a commercialization agreement for the TAZARA (Tanzania-Zambia Railway Authority) corridor by the second quarter of 2024, Transport Minister Frank Tayali revealed. A joint technical working group involving Zambia, Tanzania, and China is actively exploring avenues to advance this agreement, focusing on bolstering the corridor’s operations. Minister Tayali affirmed that both Tanzania and Zambia are aligned in welcoming China’s involvement in managing the TAZARA corridor. The recent discussions during President Hakainde Hichilema’s visit to China also encompassed strategies to enhance the corridor’s efficiency and commercial viability.…
Read More Here
