Source: China – South China Morning PostThe Chinese state-owned construction giant that built the Mao Zedong-era Tanzania-Zambia railway is returning to the project with a US$1.4 billion commitment to overhaul and run the line as it increasingly becomes geoeconomically important for China.
In a deal struck on Monday, China Civil Engineering Construction Corporation (CCECC) agreed to an initial US$1.1 billion investment plus a further US$238 million to be reinvested into the severely dilapidated Tazara Railway, as the line is…Read More