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China pounces on rail assets

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Transport and Infrastructure Development Minister, Joram Gumbo, expressed concern over Zinara’s relationship with Univern.

Transport and Infrastructure Development Minister, Joram Gumbo.

CHINA Tiesiju Civil Engineering Group (CTCE), one of the world’s largest railroad infrastructure construction firms, has proposed a $2,5 billion railway project straddling at least three southern African countries, official documents reveal.
This also comes as President Emmerson Mnangagwa’s government has been looking at ways of deepening economic relations between Beijing and Harare.

Read full story in The Financial Gazette paper

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