China, Tanzania, Zambia sign initial agreement on key railway project

4/9/2024 14:16

        China, Tanzania and Zambia signed an initial agreement on a railway project aimed at improving the rail-sea intermodal transportation network in East Africa.
        Chinese state media said, President Xi Jinping witnessed the signing of the memorandum of understanding on a Tanzania-Zambia railway project with the Tanzanian and Zambian presidents, who were in Beijing attending the Forum on China-Africa Cooperation.
        
        According to state media, Xi said, "China is willing to take this summit as an opportunity to make new progress in the activation of the Tanzania-Zambia railway, cooperate to improve the rail-sea intermodal transport network in East Africa, and build Tanzania into a demonstration zone for deepening high-quality China-Africa Belt and Road cooperation."
        
        Earlier this year, the World Bank approved $270 million in financing to help improve connectivity between neighbours Tanzania and Zambia and boost regional trade.