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 said the project will also come along with infrastructure investments in digital access, clean energy and energy supply chains, agribusiness and health.
Mr. Hochstein has also expressed optimism that the construction of the Lobito Corridor will start in 2026. He said the rail network which will connect Angola, Zambia and the Democratic Republic of Congo is expected to be operational by CLICK HERE TO READMORE
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