The Industrial Development Corporation says it will secure $1bn to invest in rolling stock and infrastructure that will modernise Zambia Railways Limited.

Group CEO, Mr Mateyo Kaluba says negotiations are currently ongoing with development financiers and are expected to conclude before the end of the year.

For more information, please see https://www.lusakatimes.com/2020/09/30/idc-to-secure-1bn-to-invest-in-zambia-railways-limited/