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HomeFinance, MoneyZambia, China in rail upgradeā€™s deal

Zambia, China in rail upgradeā€™s deal

Zambia and China have signed a contract worth $824 million to upgrade a rail line in the African country.

Zambia signed the deal with a subsidiary of China Railway Construction Corporation, the China Civil Engineering Construction Corporation.

The CCECC  will rehabilitate the railway line in southern Zambia over a period of eight years, China Railway.

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.

More

https://www.theeastafrican.co.ke/business/Zambia-signs-deal-with-China-railway-for-line-upgrades/2560-5478330-3ybsqvz/index.html
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