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Zambia Railways Limited (ZRL) says it is seeking smart partnerships to acquire funding for the recapitalization of the railway infrastructure and rolling stock.
Company Managing Director, Fred Mwila, said the rail share in Zambia was less than 10 percent due to the lack of adequate capacity track and rolling stock due to lack of investment.
Mwila said this at the just-ended Southern African Railways Association (SARA) Conference held in South Africa.
This is according to a statement issued in Lusaka on Saturday by Tamara Nyirenda, the First Secretary for Press and Public Relations at the Zambian High Commission in South Africa.
He said the event provided an ideal platform for key decision makers to engage directly with sponsors, exhibitors, and delegates attending the SARA event.
“Forging partnerships, especially with the private sector, is aimed at deploying technology such as signalling and telecommunications, traffic monitoring, and surveillance, among others,” Mwila said.
He said it was for this reason that the company was targeting smart partnerships.
Zambia’s High Commissioner to South Africa Mazuba Monze expressed happiness that there was a delegation from Zambia to take part in the high level conference.
Monze expressed hope that the knowledge shared would go a long way in making Zambia Railways Limited more viable.
The theme of the conference was “enhancing railway capacity and quality of services through operating models and partnerships for seamless regional integration and trade”.
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