Private involvement in Angola's railways
Posted: 11 Apr 2012, 08:10
PRIVATE INVOLVEMENT IN ANGOLA’S RLYS
Railways Africa On April 10, 2012 In Angola
The Angolan government intends to merge the country’s railway companies – Caminhos de ferro de Benguela (CFB), Caminhos de ferro de Moçamedes (CFM) and Caminhos de ferro de Luanda (CFL – into one authority and to concession their operation to private initiative.
According to the Economist Intelligence Unit (EIU), the Luanda government, “plans to sell off commercial and operational aspects of the railways to private companies, whilst keeping a controlling stake“ in a new company called Caminhos de Ferro de Angola. The state is to retain ownership of the infrastructure; operating companies will manage the actual services.
Railways Africa On April 10, 2012 In Angola
The Angolan government intends to merge the country’s railway companies – Caminhos de ferro de Benguela (CFB), Caminhos de ferro de Moçamedes (CFM) and Caminhos de ferro de Luanda (CFL – into one authority and to concession their operation to private initiative.
According to the Economist Intelligence Unit (EIU), the Luanda government, “plans to sell off commercial and operational aspects of the railways to private companies, whilst keeping a controlling stake“ in a new company called Caminhos de Ferro de Angola. The state is to retain ownership of the infrastructure; operating companies will manage the actual services.