(APP)Chinese ambassador to Pakistan Yao Jing has said that China and Pakistan had constituted a joint committee to explore financing modalities and find appropriate financial package for the mega Main Line (ML-1) railway project. Addressing media persons here on Wednesday night, the envoy said that due to huge financial implication, […]

Zambian Housing and Infrastructure Development Minister, Vincent Mwale says government is in the process of obtaining a financial loan agreement of US $2.03 billion from the Exim Bank of China to commence the constrction of the Chipata-Serenje railway line,Diggers News has reported. And Mwale says China Civil Engineering Construction Corporation was single-sourced […]

Railways:Is Uganda Snubbing China? (Reuters) – Uganda will begin refurbishing its century-old rail network this month to boost bulk cargo transportation, after failing to secure $2.2 billion in Chinese funding for a new standard-gauge line, a senior rail official said on Wednesday. The rehabilitation will be carried out in phases over several […]

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