Tazara to be privatised
Dec 27, 2003
The railway line connecting Zambia with the Tanzanian port of Dar es Salaam, know as Tazara (Tanzania Zambia Railways) will be concessioned in a similar manner to that of Zambia Railways, which was concessioned this year to a consortium formed by South Africa’s Spoornet.
According to the Times of Zambia newspaper, both countries have agreed on the approach leading to concessioning, which would be based on that used to concession Zambia Railways. “I would like to inform you that the two governments have both approved a similar approach for the future of Tazara,” said communications and transport minister Bates Namuyamba at a farewell party for Zambia Railways held in Ndola last week.
The minister revealed that the concessioning of Zambia Railways would earn Zambia at least USD1.5million annually from the Railway System of Zambia (RSZ) – the new name for the concessioned railway operator.
He said TSZ would invest some 60 million dollars in infrastructure and rolling stock during the concession period, in addition to another 40 million dollars to be invested within the first five years. He described the support received from Spoornet as enormous.