March 4 2020

Zambia signs over $824 million deal with China Railway for line upgrades

Source: Reuters

Zambia has signed a contract of more than $824 million with a subsidiary of China Railway Construction Corporation to upgrade a rail line, the company said on Wednesday.

China Civil Engineering Construction Corporation will rehabilitate the railway line in southern Zambia over a period of eight years, China Railway said in a statement.

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.