Namibia and Botswana are expected to sign an agreement on the Trans-Kalahari railway project, a highly placed source in the Ministry of Works and Transport said yesterday.
The senior official spoke on condition of anonymity because the official is not allowed to speak to the media.
The project is expected to lead to the development of the 1500 kilometer railway that is expected to be used for transporting coal exports from Botswana to the port of Walvis Bay. The cost of the project has been estimated at US$15 billion.
According to projections, demand for coal in India and China is expected to drive coal exports from Botswana.
The two countries already signed a memorandum of understanding on the project in 2009.
The railway is meant to link Botswana’s Mmamabula coalfields with the Walvis Bay port. The railway line is expected to run parallel to the Trans-Kalahari Highway.
According to the 2014/2015 budget, the Namibian government will allocate N$130 million to the Trans-Kalahari Railway Development.
( Courtesy Namibian……Source……Our Freelance Contributor in Cape Town )