BEIJING: China, Tanzania and Zambia signed an preliminary settlement on a railway mission geared toward bettering the rail-sea intermodal transportation community in East Africa, Chinese language state media stated on Wednesday (Sep 4).
President Xi Jinping witnessed the signing of the memorandum of understanding on a Tanzania-Zambia railway mission with the Tanzanian and Zambian presidents, who had been in Beijing attending the Discussion board on China-Africa Cooperation, stated broadcaster CCTV.
“China is keen to take this summit as a possibility to make new progress within the activation of the Tanzania-Zambia railway, cooperate to enhance the rail-sea intermodal transport community in East Africa, and construct Tanzania into an illustration zone for deepening high-quality China-Africa Belt and Highway cooperation,” stated Xi, in line with state media.
Earlier this yr, the World Financial institution permitted US$270 million in financing to assist enhance connectivity between neighbours Tanzania and Zambia and increase regional commerce.
The Dar es Salaam hall between the 2 nations, a key route for copper exports from the central African Copperbelt area, is serviced by the Tanzania-Zambia Railway Authority (TAZARA).
The hyperlink gives a substitute for bypass logistics bottlenecks in South Africa which have held up copper and cobalt exports from Zambia and the Democratic Republic of Congo.
