Malawi, Zambia railway companies partner to up economic exploits
Malawi’s Central East African Railways (CEAR) has partnered with neighbouring Zambian Railway Company as one way of maximizing its profit-making endeavours, Nyasa Times has established.
The deal is expected to up the country’s economic exploits significantly.
“The country will benefit in terms of monetary value,” said Chisomo Mwamadi, CEAR publicist, to local Zodiak Broadcasting Station.
He added: “There will also be an increased capacity [on our part] as local locomotives will be used to transport goods.”
The deal, according to Mwamadi, started with paperwork last May and has already borne a number of results.
It allows Zambia rail traffic to pass through the Nacala Corridor which is largely Malawi owned.
Revived last year, after a four year period of dormancy, CEAR is also looking forward to going as far as Chipata [in Zambia], Mwamadi said.
The company has also procured two more locomotives which have already arrived in the country.
Follow and Subscribe Nyasa TV :