IDC Zambia Provides $850 Million To Zambia Railways

The Industrial Development Corporation (IDC) Board has approved an investment of $850 million into rail infrastructure and rolling stock for Zambia Railways Limited (ZRL). The IDC noted that their investment is part of a holistic approach instead of just addressing a specific challenge or requirement of the operator.

The growth of ZRL is paramount as it plays a key role in the growth of the Zambian economy. It is for this reason that the IDC fully supports the transformation of ZRL from an ordinary rail company to a total logistics provider.

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