TransNamib engages Parliament on future plans

Contributed by NAMPA.

WINDHOEK, 14 NOV (NAMPA) – TransNamib wants to use its properties valued at more than N.dollars 2 billion to acquire a loan of N.dollars 2.5 billion to implement its five-year strategic plan.
Speaking at a consultative meeting with the Parliamentary Standing Committee on Economic and Public Administration here on Wednesday, TransNamib Chief Executive Officer, Johny Smith explained that the funds are needed to buy new locomotives and acquire new technologies, infrastructure, rolling stock and assets an ...