State railway firm Zambia Railways has disclosed that the two luxury trains it recently acquired from South Africa will be named the Golden Jubilee Michael Chilufya Sata Express Trains.
Zambia Railways Chief Executive Officer Muyenga Atanga told a media briefing that the state of the art passenger coaches from Transnet Engineering of South Africa will be commissioned this Saturday at 10 Hours.
“Taking into account the two major developments that we have just gone through as a nation, i.e the celebration of 50 years of our independence and the untimely death of our President, the late Mr Michael Chilufya Sata under whose dynamic leadership the Zambia Railways was repossessed from the Concessionaire, we found it appropriate to name the new train as the Golden Jubilee Michael Chilufya Sata Express Train,” Prof Atanga said.
He promised that the new trains will bring added value to the Zambian people as the coaches are modern and luxurious.
And Prof Atanga has disclosed that the entire US$ 120 million allocated from the Eurobond has been exhausted completely.
“That money, the popular Eurobond is gone. Completely finished, we have exhausted that money. We used K 41 million? from the same Eurobond to acquire the two trains,” he said.