Angola is poised to embark on a transformative journey with the launch of the “Diversifica Mais” project aimed at bolstering economic growth and job creation. Spearheaded by the Ministry of Planning, this initiative will provide financial aid and technical support to businesses operating along the Lobito Corridor, a vital economic artery in the country. The project director, Laércio Cândido, unveiled the ambitious plan, which will extend until 2029, focusing on
Category: Railway News
Private Operators Poised to Transform Africa’s Freight Rail Market
The CEO of Traxtion Africa, which operates the continent’s largest rolling-stock fleet, predicts a transformation in Africa’s biggest freight rail market with the imminent involvement of private operators. James Holley revealed that the South African government is on the verge of releasing a rail network statement, setting out rules for private rail participation, following public consultation. Speaking at an infrastructure conference in Johannesburg, Holley emphasized the significance of this step,
Chennai Railway Factory Unveils Luxurious Premium Rail Coach
The Chennai Railway Factory has introduced a groundbreaking innovation in the realm of train travel with the unveiling of a new premium rail coach. This new coach promises to redefine the passenger experience by offering luxurious amenities previously unseen in traditional train compartments. Equipped with modern features such as attached bathrooms and conference rooms, this premium rail coach represents a significant leap forward in terms of comfort and convenience for
US CALLS FOR PROGRESS ON ZAMBIA-LOBITO RAIL-LINE
United States President JOE BIDEN’s Senior Advisor AMOS HOCHSTEIN has called for an accelerated path towards achieving a bankable concession agreement for the new Zambia-Lobito rail line. Mr. HOCHSTEIN says this must be aligned with host country laws, and coordinate additional investment projects that complement and benefit from the core transportation investment. He says the project will also come along with infrastructure investments in digital access, clean energy and energy
Angola’s ANTT and UIC Forge Partnership to Enhance Railway Sector
Enio Costa, President of the Board of Directors (PCA) of the National Land Transport Agency (ANTT), held discussions with Christian Chavanel, Director of Systems and Coordinator for Africa of the International Railway Union (UIC), in Luanda on Monday. The meeting aimed to discuss restructuring processes and enhancing technical capacity in response to investments aimed at boosting the national railway sector. Costa emphasized the need for technical training for staff, particularly
Maruti Auto Parts Shipped Faster with Innovative ‘Truck on Train’ Service
Three trucks loaded with Maruti auto parts, originally stored in Gurgaon and Manesar factories, embarked on a unique journey from New Rewari to Gujarat’s Palanpur, covering a distance of 700km in just 12 hours. This swift transit was made possible by loading the trucks onto wagons, a part of the ‘truck on train’ or roll-on, roll-off (RO-RO) concept, introduced by the Dedicated Freight Corridor Company India Limited (DFCCIL). Upon reaching
INSTC’s Rail Freights Transit Through Iran Within 3 To 5 Days
Rail freight transit through Iran’s territory lasts between 3 to 5 days from Sarakhs Border to Bandar Abbas, reported Miad Salehi, Deputy Minister and CEO of the Islamic Republic of Iran Railways, while speaking at the international conference on the sea-based economy which is being held at the IRIB International Conference Center today. As per the agreement with Russia, Kazakhstan, and Turkmenistan, rail freights transit within 2 to 3 days
European Union Reaffirms Commitment to Lobito Corridor Development in Angola
In a recent meeting held in Luanda, the European Union (EU) reiterated its dedication to financing ongoing feasibility studies and professional training initiatives aimed at enhancing productivity and profitability within the Lobito Corridor. The assurance came during discussions between European Commissioner Jutta Urpilainen and Angolan Minister of Transport, Ricardo Viegas D’Abreu. The primary focus of this meeting was to underscore the EU’s unwavering support for the development of the Lobito
Ivanhoe Exports Copper Concentrate Using the Lobito Corridor
The first shipment of copper concentrate from the Ivanhoe Mines’ Kamoa-Kakula copper complex arrived by rail at the Atlantic Ocean port of Lobito, in Angola. The first shipment is a part of the trial tonnage under the memorandum of understanding (MOU) signed between Lobito Atlantic International SARL and Kamoa Copper S.A. on August 18, 2023. The rail line, linking the Democratic Republic of the Congo (DRC) Copperbelt to the port
Benguela Railway Now the Responsibility of the Lobito Atlantic Railway Company
According to the Vecturis LinkedIn page, on January 25 the Lobito Atlantic Railway S.A. took over the operations of the Benguela Railway, the primary rail underlying the Lobito Corridor. The first two trains were authorized to depart at 5:00 in the presence of the Board of Directors of the Caminho de Ferro de Benguela. The Lobito Atlantic Railway S.A. is the joint venture that manages the main railway concession comprising