Angola, the Democratic Republic of Congo (DR Congo) and Zambia have decided to put together a joint plan for the repair, maintenance and operation of the Lobito Corridor railroad, according to final recommendations issued Friday following the Transport ministers’ meeting.
The Lobito Corridor railroad includes the Benguela Railroad (CFB), Société Nationale des Chemins de Fer du Congo (SNCC) and Zambia Railways Limited (ZRL) and the joint plan is intended to provide a shorter and more efficient railway route from the port to the DR Congo and Zambia copper belt.
The Transport ministers of all three countries, Augusto Tomás (Angola), Justin Mwana Ngongo (DR Congo) and Yaluma Christopher Bwalya, of Zambia, agreed to outline the concession and development of the Jimbe, Luau and Dilolo sections as interconnected border posts, as a way of improving efficiency.
These decisions are intended to create a railway network that will allow people and goods to be carried between the three countries, as well as to promote multi-modal international transport.
On that occasion the Angolan Transport Minister, Augusto Tomás said that the Angolan government planned to spend 120 billion kwanzas (US$1.247 billion) on its Programme of Rehabilitation of the Port of Lobito.
According to Tomás, the investment will focus on four areas of national and international traffic: Container cargo, solid bulk cargo, fuel, and minerals.
“This investment will make the port of Lobito more competitive, provide it with greater capacity and safety as well as making it a more active player in the internationalisation of Angolan companies and the Angolan economy,” the minister said. (macauhub)