TSINGSHAN Holdings

TSINGSHAN Holdings, which has already poured US$2 billion in investments locally and is currently building the US$1 billion steel plant at Manhidze, near Chivhu, is set to construct a new cargo railway system. The new line, which is meant to ferry products between Tsingshan’s three subsidiaries in Hwange, Chegutu, and Chivhu, and the port of Beira, will be constructed alongside the rehabilitation of the National Railways of Zimbabwe’s (NRZ) old line. The Chinese-owned firm, with…