The US has framed it as key to de-risking from China, but Nicholas Fournier says Lobito Atlantic Railway is ‘a purely commercial entity’
LAR has strong commercial ties to China and serves as an important logistics provider for Chinese-owned mining companies while relying on Chinese manufacturing for its equipment, according to Fournier.
There is also a planned greenfield railway link to Zambia and eventually to Tanzania, creating a cross-continental railway connecting the Atlantic and Indian Oceans, as announced by US officials last year.
“We are a part of this corridor, but we are just one component,” Fournier said on Wednesday. “We are the logistics component, as we operate the rail and the port. There is no geopolitics involved whatsoever.”
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