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Botswana, Namibian Rail Line Could Cost $9 Billion to Build
Feb. 22, 2011 10:13AM PST
Gem Investing
Bloomberg reported that a proposed rail line linking Botswana to Namibia’s Walvis Bay could cost $9 billion.
Bloomberg reported that a proposed rail line linking Botswana to Namibia’s Walvis Bay could cost $9 billion.
The market news is quoted as saying:
Botswana, the world’s largest diamond producer, is seeking to reduce its reliance on sales of the gems, from which the government earns about half its revenue.