Investors from SA expected in Zambia

Fuel Pipeline

Fuel Pipeline

A team of officials from South Africa’s Transnet will arrive in Zambia tomorrow to open discussions with Government over three groundbreaking projects, which include the proposed multi-purpose fuel pipeline from Ndola to Lusaka.

Transnet is looking to enter an agreement on how it can pass on some of its fuel tankers to Zambia Railways Limited (ZRL), resolving challenges it is facing with ZRL in implementing the North-South Corridor project, and consider the proposed 360 kilometer fuel pipeline.

The company has moved from transporting its fuel stocks through rail following the completion of construction of a 20 billion rand fuel pipeline between Johannesburg and Durban and would like to pass on the excess tankers to ZRL.

The North-South Corridor project is part of Transnet’s initiatives aimed at implementing an efficient transportation system which is expected to integrate South Africa with the rest of the continent through the creation of competitive corridor supply chains.

The pipeline is proposed to be built along the ZRL corridor under a Private – Public – Partnership (PPP) structure and will involve a local partner, ZRL and Transnet.

The financing will be sourced by the PPP members.

The projects were first revealed last month when Transnet officials met Zambia’s High Commissioner to South Africa, Emmanuel Mwamba after which the High Commission arranged the meetings with representatives of the Zambian Government.

The delegation which will be in Zambia from 16th to 18thNovember, 2015, will be led by Executive Manager for International Business Nyameka Madikizela; Manager for Strategy and Marketing Imran Karim; Chief Engineer Gert Ludick; Sue Govender, in charge of Capital Projects, and  Lynette Mangozhe, from the Engineering department.

This is contained in a statement released to QFM News today by Press Secretary at the High Commission of Zambia in South Africa Nicky Shabolyo.

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