PSDA urges govt to invest more in railway transport

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The Private Sector Development Association (PSDA) has asked government to invest more in railway transport which it says is as it has the capacity to become the lifeline of the country’s economy.
Speaking to ZANIS in an interview, PSDA Chairperson, Yusuf Dodia, described the railway transport as a worthwhile investment.
Mr Dodia said with Zambia being surrounded by eight neighbors, the country can act as a point of contact for all its neighboring states once the rail system is developed.

He stated that once an easy route for the transportation of products is established, Zambia can easily conduct trade with its neighbors.

Mr Dodia noted that when Zambian goods enjoy better exposure on the international market, even their demand will increase, thereby prompting increased production.

He said with good infrastructure in place, Zambia can take advantage of its being located at the centre of the sub-region and develop into a trade centre.

Mr Dodia, however, cautioned that this can only be achieved with great dedication to transparency to ensure that funds allocated to the re capitalization of the rail system are not misappropriated.

He assured that the country’s rail system has the capacity to develop into one of the best in the region.

Zambia Railways Chief Executive Officer, Professor Clive Chirwa disclosed that a strong strategy is already in place to ensure the resuscitation of ZR limited.