Zimbabwe’s state-owned railways company needs as much as $400 million to fix and upgrade its infrastructure in the short to medium term, the Herald reported, citing spokesman Fanuel Masikati.
National Railways of Zimbabwe needs about $2 billion to “modernize” its operations in the long term, the Harare-based newspaper cited Masikati as saying on its website.
The rail company will move about 6 million metric tons of goods this year, it said.
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