Angolan government uses Chinese credit line to buy rolling stock

15 April 2010

Luanda, Angola, 14 April – The Angolan Council of Ministers has approved the acquisition of 15 locomotives, 150 carriages and 231 wagons for the country’s rail network, Angolan news agency Angop reported Thursday.

The acquisition also includes spare parts for technical assistance and maintenance of the equipment.

The contracts awarded outline the use of the credit line granted by China for construction of infrastructures in the cities of Cabinda, Soyo, Mbanza Congo and Nzeto, in Zaire and Malange provinces.

Angola is rebuilding its rail network, which covers 2,722 kilometres, at an expected cost of US$4 billion, mostly subsidised by China.

The three main railway lines in Angola are Luanda, Benguela and Namibe.

Chinese companies such as China Railway 20 Bureau Group Corporation (CR-20) and CMEC-TEC are involved in the rebuilding of Angola’s rail network. (macauhub)