Rail

HOW RAIL AND MARITIME INFRASTRUCTURAL INVESTMENT IS NEEDED FOR AFRICA TO STRIVE

Posted on by Gambeta News
HOW RAIL AND MARITIME INFRASTRUCTURAL INVESTMENT IS NEEDED FOR AFRICA TO STRIVE

Deputy President Paul Mashatile says Africa needs to reduce structural and regulatory barriers to unlock investment in road and maritime infrastructure and facilitate successful intra-African and global trade. “The quality of much of the continent’s maritime, road, and railway infrastructure is less than satisfactory. There are few road links, generally poor road infrastructure maintenance, and limited regional road linkages throughout the continent’s five regions,” the Deputy President said on Wednesday. He was speaking at the…

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NIGERIA GOVT. REQUEST FRESH LOAN FROM CHINA EXIM BANK

Posted on by Gambeta News
NIGERIA GOVT. REQUEST FRESH LOAN FROM CHINA EXIM BANK

Chibuike Rotimi Amaechi say nigeria to request fresh loan form china exim bank Nigeria has requested a loan from China Exim Bank for the construction of a coastal line. The fund which is worth US$ 1.8billion will help the completion of the project according to Minister of Transportation. The actual cost of the project is US$ 2billion while Nigeria is to pay US$ 500 million as counterpart fund. According to Minister Chibuike Rotimi Amaechi, the…

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NIGERIA GOVT. AWARD CONTRACTS FOR RAIL AND NEW SEAPORT

Posted on by Gambeta News
NIGERIA GOVT. AWARD CONTRACTS FOR RAIL AND NEW SEAPORT

Nigerian government approves contracts that will to a great extent solve the problems of its transportation sector The Federal Government of Nigeria has awarded contracts for a rail and new seaport. The contract to complete the rail projects is worth US$45billion while for the seaport is US$3.9billion. The Abuja to Itakpe line will go through Baro and terminate in Warri, with construction of a new seaport at Warri. #PMBNewYearSpeech — Muhammadu Buhari (@MBuhari) January 1,…

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KENYA AND JAPAN SET TO FUND RAIL FLYOVER PROJECT

Posted on by Gambeta News
KENYA AND JAPAN SET TO FUND RAIL FLYOVER PROJECT

Japan and kenya set to construct a rail flyover in Nairobi. Construction of a rail flyover will soon kick-off after an agreement between Kenya and Japan. The project will also be use to reduce traffic congestion within city centre and divert traffic from Mombasa Road. According to report, the project is a build by Kenya Urban Roads Authority (Kura). Kura is also partner with Japan International Co-operation Agency (JICA) for the project. Kura acting director general Silas…

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DECEMBER 2018: LAGOS-IBADAN SGR WILL BE COMPLETED

Posted on by Gambeta News
DECEMBER 2018: LAGOS-IBADAN SGR WILL BE COMPLETED

December 2018 set as target for completion of Lagos-Ibadan Standard Gauge Rail (SGR) line. The Minister for Transportation, Mr. Rotimi Amaechi during the end of the year news briefing and inspection of Lagos-Ibadan Standard Gauge Rail (SGR) line in Papalanto, Ogun State said, the rail line will be completed in December 2018 and be commissioned in January 2019. During the inspection, The minister said he was impressed with the level of the ongoing construction work achieved despite the…

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