MoU signed to provide advisory services for US$4.5 billion Rail corridor in Angola
30 January 2024
The All-American Rail Group (AARG) has inked a Memorandum of Understanding (MOU) with Angola's Ministry of Transport to provide advisory services to Angola's rail and infrastructure development in Angola.
The US$4.5 billion project encompasses the operation, management, and maintenance of the rail infrastructure for transporting cargo, minerals, liquids, and gas along the Corridor. It involves constructing approximately 550 km of rail line in Zambia, stretching from Jimbe on the border with Angola to Chingola in Zambia's copper belt. Additionally, 260 km of primary feeder roads within the Lobito Corridor will be constructed.
This MOU specifically pertains to the Angolan section of the corridor, connecting Luanda, the capital of Angola, to Lubumbashi, a southern city in the DRC. A key objective of the MOU is the expansion of Angola's rail infrastructure from Malanje to Lubumbashi, thereby enhancing the reach and efficiency of the Lobito Corridor. The additional rail infrastructure is poised to have a positive impact on food security in Angola and will serve as a valuable means for transporting various commodities, including oil, timber, and minerals. The AARG, comprising specialized logistics firms, has come together to provide services and oversee aspects of the Lobito Corridor improvement works and infrastructure.
Related
-
Chinese contractor wins Kuwait investment authority HQ
16 July 2026
-
Vestas acquires St Patricks Plains Wind Farm in Tasmania
15 July 2026
-
Mitsubishi Power wins contract for Saudi dual-fuel boiler project
15 July 2026
-
Masdar reaches financial close on world-first 24/7 solar project
15 July 2026
-
China’s Sineng Electric supplies inverters for 154MW Algeria solar projects
14 July 2026
-
Morocco to invest $300m in Casablanca port expansion
13 July 2026


京公网安备
11010802030424号
京ICP备19046776号-2