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Boost for NRZ as it receives 100 wagons from Russia




Boost for NRZ as it receives 100 wagons from Russia. The resuscitation of the National Railways of Zimbabwe received a major boost yesterday after Government guaranteed the payment of the initial US$1,5 million required to facilitate the delivery of 100 wagons and 40 locomotives by a giant Russian company, United Wagon Company, the second largest manufacturer of railway rolling stock in the world.

NRZ and the United Wagon Company signed a Memorandum of Understanding during President Mnangagwa’s visit to Sochi, Russia last year. The deal is two-pronged as it involves the setting up of plant assembling Russian wagons and locomotives in Zimbabwe for sale to other Sadc countries and the provision of rolling stock for NRZ.

In three years, NRZ is expected to have received 300 wagons from Russia. With regards to the local assembling of the wagons and the locomotives, NRZ said it had a workshop in Bulawayo that could be upgraded to meet the standards required by the Russian company.

Yesterday, United Wagon Company deputy chief executive (commerce and marketing) Mr Boris Myagkov, accompanied by NRZ chairman Advocate Martin Dinha, met Vice President Constantino Chiwenga at his Munhumutapa Offices to express the commitment and seriousness they attached to the deal.

Mr Myagkov also met Transport and Infrastructural Development Minister Joel Biggie Matiza and Chief Secretary to the President and Cabinet Dr Misheck Sibanda.

Briefing journalists after the meeting with VP Chiwenga, Advocate Dinha said: “We have been allocated money by Government. We are looking for an equivalent of US$1,5 million and we are glad that our meeting with the VP has brought positive results towards unlocking that funding. We are happy that we are receiving support at the highest level so that NRZ can be fully capacitated.

“We are getting support from our Minster Joel Biggie and our President His Excellency ED Mnangagwa and the VP as you can see here. Government has shown commitment that transformation of railways will be done in the shortest possible time. We want to turn around NRZ. Whatever plethora of challenges we have should be a thing of the past. We want to realise Vision 2030 with a modern and efficient railway network in Zimbabwe that will not only serve Zimbabwe but the region in freight and passenger.

“We have signed for 100 wagons at a cost of US$10 million and we require 300 wagons all in all in the next three years. The initial 100 is what we signed for. We also require 20 to 30 locomotives to go with that.”

Adv Dinha said the Russian company had a strong footing both in the European and African markets adding that very soon it would start designing a prototype suitable for the Zimbabwean market.

Source – Bulawayo24 News

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Former Deputy Minister of Finance And Economic Development for Zimbabwe, Terrence Mukupe, has fired back at Prophet Shepherd Bushiri following allegations that the Prophet cheated on…continue reading.




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