Permanent Secretary in the Ministry of Infrastructure Development Omary
Chambo said, the focus is currently on securing a new strategic
investor to run the entity, ruling out any possibility of government
injecting funds to revamp the airline.
15.12.2008
9:59
Tanzania: Troubled ATCL now banks hopes on Chinese investor
Talks with an Asian investor set to take over the management and operations of the cash strapped national carrier Air Tanzania Corporations Limited (ATCL) are in final stages, the government has said.