Created: 29/05/2023Last Edit: 22/01/2024
Week: Week 22-2023Print Edition: 2023 – MayEdit Article
  • 10. Completed
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TAZARA’s Transformation Strategy: 2023/2024 Budget Approval, Survival Plan Endorsement, and Progress with Chinese Investors

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Explore the outcomes of the 119th TAZARA Board of Directors' Meeting, which sets a progressive vision for the Tanzania-Zambia Railway Authority for 2023/2024. Uncover the strategic survival plan, the engaging initiative of Chinese investors, and the introduction of Open Access Operations, all aimed at boosting regional economies and transport efficiencies.
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The @TAZARA board has approved Management’s proposed annual budget of 350,000 metric tons of freight traffic and 3,480,000 passengers for the financial year 2023/2024. A total income of USD 52.40 million is projected to be generated from various activities. Read more here:

#TAZARA #TanzaniaRailway #ZambiaRailway #RailwaysAfrica #FreightTraffic #PassengerTraffic #transport  #transportation  #rail #railway#investment #infrastructure

TAZARA secures USD9.04 million, to stabilize the Authority’s operations over the next two years, whilst a long-term investment plan is being pursued. Read more here:

 #TAZARA #TanzaniaRailway #ZambiaRailway #RailwaysAfrica #FreightTraffic #PassengerTraffic #transport  #transportation  #rail #railway#investment #infrastructure

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