Blantyre, Malawi, Dec. 5 (Raphael Tenthani – Newstime Africa) – Malawi President Joyce Banda will Thursday ground-break for a US $1bn new railway line which is expected to create over 3,000 jobs, the State House Press Office has said.
The rail line will be constructed by the Brazilian company, Vale Mining.
“The new railway represents a one billion dollar investment in Malawi’s infrastructure,” reads the statement signed by State House Press Officer Brian Banda. “The new line will run from Tete to Nacala in Mozambique passing through Malawi via Chapananga in Chikhwawa, Nthache and Kanduku in Mwanza, Simon and Mlauli in Neno and Nsamala in Balaka.”
According to Banda, this is one of several projects undertaken as part of the Banda administration’s economic recovery plan.
President Banda will lay the foundation stone in the southern district of Neno.
Presidential Press Secretary Steven Nhlane, speaking ahead of the event, said the new railway line will boost the Malawi economy by creating “over 3,000 much-needed jobs” for Malawians.
“Once the railway is built, it will boost the economy further, reducing transport costs and improving access to markets for Malawi’s exporters,” he said.
© 2012, Raphael Tenthani. All rights reserved. – The views expressed here are purely those of the author and not necessarily those of the publishers. – Newstime Africa content cannot be reproduced in any form – electronic or print – without prior consent of the Publishers. Copyright infringement will be pursued and perpetrators prosecuted.
3,733 total views, 3 views today