China to Invest $1.4 Billion to Upgrade Tanzana-Zambia Rail Line
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China Civil Engineering Construction Corp. will invest more than $1.4 billion to revitalize a Mao-era railway line connecting copper mines in Zambia to Tanzania’s biggest port.
Negotiations for a planned 30-year concession are ongoing, Bruno Ching’andu, managing director of the Tanzania-Zambia Railway Authority that operates the line, said in an emailed statement Thursday.