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Tender to run railways

    JOHANNESBURG

    The Zambian government will invite offers for a long-term contract to operate Zambia Railways in a bid to improve its financial viability, Finance Minister Katele Kalumba said this week.

    Media reports quoted Kalumba as saying the Zambia Privatisation Agency, which is responsible for all privatisation of state enterprises, would invite tenders towards the end of the year. The contract to manage and operate the railway system would probably be for an initial period of 20 years.

    Zambia Railways is one of the companies whose privatisation is sought by Zambia’s mainly Western lenders, who say the government must leave running of business to the private sector. “The government has approved concessioning of Zambia Railways with the aim of improving the financial and economic viability of the railway system,” Kalumba said.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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