New concessionaire will guarantee transport of minerals and fuel along corridor, and manage mining terminal at Lobito port.
CITIC
Chinese consortium to pay US$100 million for concession, guarantee 2.78 million tons of cargo annually.
China’s CITIC and CR20 vie with Portugal’s Mota-Engil and DP World of Dubai for chance to run key tri-nation rail export link for next 30 years.