Wonderful to invest $1.2bn in railway line
MARY LEMBA Chilanga WONDERFUL Group of Companies is seeking to invest more than US$1.2 billion in rehabilitating the Livingstone Chililabombwe railway line to reduce road congestion by shifting some of its cargo transportation from road to rail. Deputy Secretary to the Cabinet for finance and economic development Siazongo Siakalenge said the proposed investment will help ease pressure on the country’s road network, considering the large volume of trucks currently used by the company to transport its products. Mr Siakalenge said this when he led senior public service management staff on a tour of the Wonderful Group of Companies industrial park yesterday. He said the company’s chief executive officer had disclosed plans to rehabilitate the railway line at a cost of slightly over US$1.2 bil…
