Online Reporter
National Railways of Zimbabwe (NRZ) requires US$34 million to refurbish and construct new railway tracks and signalling equipment.
This came out during an investment meeting between NRZ management and Russian investors in Harare on Tuesday.
“NRZ currently needs US$34 million for infrastructure development that includes the railway line and signalling, so as to do away with delays in serving its customers,” said NRZ in a statement on Tuesday.
“The NRZ management, represented by the board member Mr (Elesh Kumar) Patel and the top management, are engaged in an investment meeting facilitated by the Ministry of Finance and Economic Development with the Russian embassy delegates and Russian investors in Harare today.”