Zambia awards 20-year rail concession. (World Report).

International Railway Journal | April 1, 2003 | Copyright

THE Zambian government has signed a 20-year concession worth $US 5 billion for the operation of Zambian Railways (ZR) with a consortium of New Limpopo Bridge Projects Investments (NLB1) and Spoornet, South Africa The consortium will pay the government $US 253 million a year and 5% of turnover each quarter in return for operating and modernising the 1271km 1067mm-gauge railway.

Although the infrastructure will remain government owned, the consortium plans to invest $US 20 million during the first two years to upgrade track, communications, and rolling stock, followed ...

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