Chinese Firms Invest $1.24 Billion to Modernize TAZARA Railway Linking Zambia to Indian Ocean Port
China Backs $1.24 Billion TAZARA Rail Upgrade to Secure Copper Exports as US and EU Promote Lobito Corridor Chinese mining, shipping, and logistics companies are joining forces on a $1.24 billion infrastructure project to modernize a major railway connecting Zambia’s copper belt to the port of Dar es Salaam on the Indian Ocean. Leading copper producers CMOC Group Limited and Zijin Mining Group have partnered with state-owned construction giant China
