HARARE, (Xinhua) --
Zimbabwean President Emmerson Mnangagwa on Wednesday
commissioned railway equipment under a 400 million U.S. dollar
investment deal with South Africa’s rail utility Transnet.
Under the deal to revive the country’s dilapidated rail system,
state railway company the National Railways of Zimbabwe (NRZ) will
get 13 locomotives, 200 wagons and 34 passenger coaches as part of
government efforts to recapitalize the company.
Mnangagwa commissioned the first batch of the equipment comprising
more than half of the equipment and its delivery comes after
Transnet last year struck a deal with the Zimbabwe Diaspora
Infrastructure Development Group.
Mnangagwa commended the delivery of the refurbished equipment,
saying it will help in the revival of the economy through improving
efficiency in transportation of both cargo and passengers.
“This development is commendable as it resonates well with our
vision to grow our economy,” the president said at the launch of the
equipment in Zimbabwe’s second largest city of Bulawayo.
He said an efficient rail system was essential to growing Zimbabwe’s
economy and also helped to integrate the country into regional
He expressed government’s commitment to modernizing the country’s
railway system and building of new rail networks which penetrate
into the region.
Such infrastructure would not only benefit the country but the
region as a whole, he said.
Transport minister Joram Gumbo said the rest of the equipment under
the deal was expected in the country before end of April.
He said the deal offered a comprehensive solution to the recovery of
NRZ, which requires 1.7 billion U.S. dollars to be fully
“The situation on the ground requires urgent attention as NRZ is a
critical enabler to the growth of our economy. All the investors
that we are attracting require a viable railway system to support
anticipated growth in import and and export traffic,” he said.