FINANCING THE NACALA CORRIDOR:  
First Private Sector Integration of Port and Rail

 
   
   
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  SPEECH DIRECTORY:

Background on RDC

Investment Parameters

Case Study: Financing the Nacala Corridor

Structural Trends in African Privatizations

Case Study: Financing Ferrovias Guatemala

Structural Trends in Central America

Conclusions

Nacala Corridor Inspection Trip
 

Nacala Corridor Inspection Trip (continued)

photo of train crew, Nampula, Mozambique 02-05 photo of passenger service between Cuamba & Nampula
Photo 15
photo of unloading of parcels traffic, Nampula, Mozambique 02-05
Photo 14 Photo 16


 
 


Photo 14
…And yet, the crew turned out in spotless attire and the driver is wearing a necktie. There is a latent pride and a railway culture which we hope to not only preserve but also grow amongst the cadre of people on the Mozambique side.  Photo 15…We also provide an important service to the communities along the line by running a passenger operation between Cuamba and Nampula. This is a big passenger train with 8 coaches including a dining car and an air-conditioned first class car and 6 parcels wagons. Photo 16…Here the people have turned out to unload parcels traffic. As I said, this is a social service; is part of the concession; is a subsidized service; and we are proud to operate something that is so important for the communities along the line.

 
 
photo of workshop in Nampula, Mozambique 02-05 photo of locos being scrapped, Nampula, Mozambique 02-05 photo of 2 locos under repair, Nampula, Mozambique 02-05

Photo 17

Photo 18

Photo 19

 
 


Photo 17
…But look at what we’re working with—this is the workshop in Nampula.  Photo 18…This is what is left of the locomotive fleet. A lot of these locomotives were destroyed in collisions; a lot were cannibalized; and the bulk is being cut up for scrap even as we speak. Photo 19…this is a picture of 2 locomotives, i.e. 50% of our working fleet. Recall that I said that we were down to 4 locomotives on the day we took over. Here is the locomotive depot in Nampula and there are 2 locomotives there for repair.

 

     
         
 

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