Luanda railroad company in Angola posts turnover of 90 million kwanzas in six months

26 July 2011

Luanda, Angola, 26 July – Luanda railroad company, Caminhos-de-Ferro de Luanda (CFL) in the first six months of 2011 posted turnover of over 90 million kwanzas (US$967,000) by carrying out 2.617 journeys along its suburban and long haul routes, the company’s chairman, Osvaldo Lobo do Nascimento said.

In the first six months of the year the company carried over 1.5 million passengers on its trains along the Luanda/Viana/Kwanza Norte/Malanje route and vice versa.

The Luanda/Kwanza Norte/Malanje commercial rail services were inaugurated on 13 January of this year, 18 years after they were interrupted due to the armed conflict.

Analysing the company’s business since January, Nascimento said that the last four months had been positive as over 50 percent of its scheduled tasks.

Reconstruction of the Luanda/Ndalatando/Malange railroad, which began in 2005 funded by the China International Fund (CIF), made it possible to rebuild 600 hydraulic crossings, 16 stations and 40 bridges and pontoons, as well as clearing land. (macauhub)