• Contact Us
  • About Us
  • Advertisement
  • Privacy & Policy
Friday, May 23, 2025
SUBSCRIBE
The Brief | Namibia's Leading Business & Financial News
26 °c
Windhoek
22 ° Wed
25 ° Thu
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
TB image banner 750x140
Home Business & Economy

12 companies vie to develop Trans-Kalahari Railway Project

by editor
November 15, 2023
in Business & Economy
1
A A
2
SHARES
462
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

The Trans-Kalahari Railway Project Management Office (TKR-PMO) says 12 companies have shown interest in funding the feasibility study as well as developing the new Trans-Kalahari railway corridor between Namibia and Botswana.

You might also like

April inflation rises to 3.6%, driven by food and housing costs

NamRA uncovers N$666,000 tax refund fraud scheme

141,000 non-compliant businesses face deregistration by BIPA

The project is expected to cost around US$10 billion and will connect the two countries’ rail networks, providing a vital link for trade and transportation. The new railway line will be approximately 1,500 kilometers long and will run from Mmamabula in Botswana to the port of Walvis Bay in Namibia.

Of the companies, seven are foreign while five are local including Helo Group, West Coast Energy, Fullbright Investment, Grindrod, and Mega North Holdings.

Among the foreign contenders are NGE Contracting from France, Orascom Construction from Egypt, China Civil Engineering Construction Corporation, Lesedi Nehawu Investment JV from South Africa and Rail Vikas Nigam Limited from India.

The Trans-Kalahari Railway Initiative Consortium, a collaborative effort between Namibia and South Africa, Nations Capital Projects PTY (LTD) and Seven Five Investments CC, both from South Africa, have also expressed their interest.

According to a notice, the companies are expected to identify the optimal route alignment through a financially viable feasibility study.

Additionally, the plan involves identifying suitable collaborators to finance and enhance the current rail infrastructure, along with the construction of a new 1,500-kilometre line connecting the two countries.

“Components of the project include loading facilities at Mmamabula in Botswana, the construction of the railway line and/or the upgrade of existing railway infrastructure from Mmamabula to the Port of Walvis Bay in Namibia,” the notice from TKR-PMO reads.

The corridor is being undertaken through a bilateral agreement between the governments of Botswana and Namibia and will be used to transport commodities like fuel, iron ore, copper, and coal to and from overseas markets.

“The responses received will help in shaping the project requirements, funding model and anticipated procurement processes and inform Member States on the decisions related to heavy-haul transport,” TKR-PMO said.

A Memorandum of Understanding for the railway line was signed in 2010 and a pre-feasibility study was concluded in 2011. A bilateral agreement was signed in 2014 and a development study was conducted in 2016.

author avatar
editor
See Full Bio
Tags: Botswanaeconomynamibianamibia newsrailwaylinetrans-kalahariwalvis bay
Share11Tweet7Share2
Previous Post

BoN calls for market conduct reforms to tackle high banking fees

Next Post

BoN maintains tightrope with South Africa to cap capital outflows 

Recommended For You

April inflation rises to 3.6%, driven by food and housing costs

by reporter
May 13, 2025
0
April inflation rises to 3.6%, driven by food and housing costs

Namibia’s annual inflation rate rose to 3.6% in April 2025, primarily fuelled by increases in food and housing-related costs, the Namibia Statistics Agency (NSA) has reported. According to...

Read moreDetails

NamRA uncovers N$666,000 tax refund fraud scheme

by editor
May 5, 2025
0
NamRA uncovers N$666,000 tax refund fraud scheme

The Namibia Revenue Agency (NamRA) has uncovered a fraudulent scheme that resulted in the illegal payout of tax refunds totaling more than N$666,000 between January and April 2025,...

Read moreDetails

141,000 non-compliant businesses face deregistration by BIPA

by editor
May 2, 2025
0
141,000 non-compliant businesses face deregistration by BIPA

More than 141,000 businesses in Namibia are at risk of being deregistered after the Business and Intellectual Property Authority (BIPA) began a phased process to remove entities that...

Read moreDetails

Namibia to create 3,600 jobs through global accelerator project

by editor
April 30, 2025
0
Namibia to create 3,600 jobs through global accelerator project

Namibia is set to roll out the Global Accelerator project during the current financial year, aiming to generate over 3,600 jobs through the biomass sector and other sustainable...

Read moreDetails

Namibia’s economy to grow by 3.8% in 2025 and 4% in 2026

by editor
April 28, 2025
0
Namibia’s economy to grow by 3.8% in 2025 and 4% in 2026

Namibia’s economy is anticipated to grow by 3.8% in 2025 and 4% in 2026, from the 3.7% estimated in 2024. The slight growth is attributed to the improved...

Read moreDetails
Next Post
BoN maintains tightrope with South Africa to cap capital outflows 

BoN maintains tightrope with South Africa to cap capital outflows 

Related News

Build It, January’s Cheapest hardware store

Build It, January’s Cheapest hardware store

January 19, 2024
AfriTin records strong interim performance

AfriTin records strong interim performance

September 29, 2021
Namibia’s telecom sector generates over N$800 million in data revenue

Namibia’s telecom sector generates over N$800 million in data revenue

March 3, 2025

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2024 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2024 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.