News / National
Zimbabwe plans to open up the rails sector to private players
21 Oct 2011 at 07:40hrs | Views
Plans by government to open up the rail sector to private players are at an advanced stage as principles to the Bill have been drafted and are ready to be presented to Cabinet, Transport, Communications and Infrastructure Development minister Nicholas Goche has said.
"I have already compiled the principles of the Bill that would do that (opening the rail sector) and soon I will present them to Cabinet," said Goche.
"We are separating the regulatory function of National Railways of Zimbabwe (NRZ). Right now NRZ is both a regulator and a player. We need to take away the regulatory functions and place them elsewhere. Other players will come in. The regulator will be tasked with ensuring the playing field is level."
Goche could, however, not give timeframes as to when he would present the Bill to Cabinet.
"I have already compiled the principles of the Bill that would do that (opening the rail sector) and soon I will present them to Cabinet," said Goche.
"We are separating the regulatory function of National Railways of Zimbabwe (NRZ). Right now NRZ is both a regulator and a player. We need to take away the regulatory functions and place them elsewhere. Other players will come in. The regulator will be tasked with ensuring the playing field is level."
Goche could, however, not give timeframes as to when he would present the Bill to Cabinet.
Source - NewsDay
