Private Sector can boost TRC revenue through strategic partnerships

By The Respondent Reporter

The Tanzania Railways Corporation (TRC) says partnering with the private sector is key to increasing revenue and improving operational efficiency amid ongoing public sector reforms.

Speaking in Arusha during a four-day working session for Chairpersons and Chief Executives of public institutions, TRC Director General Eng. Machibya Shiwa said private sector involvement could help TRC earn significantly more than it currently does.

Eng. Shiwa praised the government for allowing private operators to participate in railway services following amendments to the Railway Act No. 10 of 2017, revised in 2023 and signed into law by the President. These changes open up operational opportunities for private investors.

He explained that one of TRC’s main challenges is managing extensive infrastructure that currently operates at only a third of its capacity. 

By inviting private sector participation, TRC can leverage existing assets more effectively and generate higher revenue.

Eng. Shiwa added that TRC plans to involve private partners in areas such as railway maintenance, locomotives, and wagons, while TRC focuses on regulatory oversight and infrastructure ownership.

“The collaboration with the private sector will enhance TRC’s operations, maximize asset use, and ensure sustainable growth for the national railway system,” he said.

Post a Comment

Previous Post Next Post

Advertisement

Put your ad code here