Article: Zambia to restructure railway system.

M2 PRESSWIRE-17 November 2000-WORLD BANK: Zambia to restructure railway system (C)1994-2000 M2 COMMUNICATIONS LTD

RDATE:17112000

WASHINGTON -- The World Bank has approved a US$27 million credit to help the government of Zambia improve the efficiency of Zambia Railways through the concession of their operations.

The Zambia Railways Restructuring Project's objective is to substantially increase the railway system's operating efficiency, reduce its cost of operations, and configure its freight services and tariffs to meet customers' requirements and expectations. This will help increase Zambia Railways' share of the local, international and ...

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