The shareholders of NLPI are Nedbank Ltd, Old Mutual and Sanlam, all major South African financial institutions, together with New Limpopo Bridge Projects Limited (NLP).
The NLPI Consortium participated in a tender, administered by the World Bank, in respect of the Zambia Railways Concession, in order to ensure a "Through Traffic" pre-arrangement along the Corridor from Durban to Lusaka and beyond.
The Consortium was declared the winner with the signing of the Freight Concession Agreement on 14 February 2003, by the Minister of Finance and National Planning of the Republic of Zambia, as well as representatives of the NLPI Consortium.
The Consortium made a provision of US$40 million for the rehabilitation of Zambia Railways.
The World Bank funded an additional investment of approximately US$30 million to finance Zambia Railways staff retrenchment packages, locomotive rehabilitation and other related projects.