UGANDA MPs CALLS FOR SHIFT FROM METER GAUGE RAILWAY TO STANDARD GUAGE

Posted on July 18, 2023 by Gambeta News

Members of Parliament are calling for the country to shift from meter gauge railway to standard gauge. This, they said will help cut costs and avoid wastage of resources associated with implementing both gauges. The MPs from the Parliament Committee on National Economy visited the works on the Kampala – Mukono railway line and inspected the Kawolo Concrete sleeper factory, Namanve work site, and other areas. While appearing before the Committee on Government Assurance on…

UGANDA GOVT. ANNOUNCED PLANS TO KICK-START CONSTRUCTION OF SGR

Posted on June 19, 2023 by Gambeta News

The Ministry of Finance Permanent Secretary, Ramathan Ggoobi has said the government is ready to hit the ground running with the construction of the Standard Gauge Railway. “We are beginning the construction of the Standard Gauge Railwa(SGR).The talk( about SGR) has been on for a long time. We have studied and over studied and now we want to hit the ground running in the next financial year,” Ggoobi said. The Ministry of Finance Permanent Secretary…

LEKKI DEEP SEAPORT SET TO BE OPENED SOON

Posted on December 27, 2022 by Gambeta News

The Managing Director, Lekki Port LFTZ Enterprise Limited (LPLEL), Mr. Du Ruogang, has announced that the $1.5 billion newly completed Lekki Deep Sea Port is ready for official commissioning and commencement of commercial operations in the first quarter of 2023. The port is expected to boost the growth of the Nigerian economy, creating about 170,000 direct and indirect jobs, generating approximately $361 billion during the period of the concession, and generating over $201 billion in…

CONSTRUCTION OF BRASS SHIPYARD TO BEGIN SOON IN NIGERIA

Posted on August 10, 2020August 13, 2020 by Gambeta News

Over the weekend, the Nigeria Government announced plans to begin the construction of brass shipyard in the southern part of the nation. The feasibility study for the project will be carried-out with a report proposed to be submitted to the government in six months times. The project is expected to cater for the maintenance and repair services of cargo vessels, oil tankers and Liquefied Natural Gas (LNG) carriers as well as make Nigeria a hub…

CONSTRUCTION OF THE GENERAL SEYNI KOUNTCHE BRIDGE – NAIMEY, NIGER

Posted on July 6, 2020July 6, 2020 by Gambeta News

The General Seyni Kountché Bridge over the Niger River in Niamey – Niger is progressing well. While visiting the construction site, Niger’s President Issoufou Mahamadou commends the level of progress so far and the quality of work being executed by the Chinese Contractor. The Chinese-funded project will be the 3rd bridge over the Niger River in the country. China is funding this project with USD 78 million, and plans to deliver in 2020. This project…

NIGERIA CONCLUDES ON THE LEKKI DEEP SEAPORT DEAL

Posted on October 28, 2019July 6, 2020 by Gambeta News

China Development Bank (CDB) signs a USD 629 million Lekki Deep Seaport project with Nigeria. The USD 629 million deal will run for 45 years between China Habour Engineering Company (CHEC) and Lekki Port LFTZ Enterprise Limited (LPLTZ). CHEC has majority of the shares and both parties will work together for the first phase of the project. The port will be constructed by two major companies:China Harbour Engineering Company Limited (CHEC), the engineering and construction…

LEKKI DEEP SEAPORT CONSTRUCTION KICK-OFF

Posted on February 1, 2018July 6, 2020 by Gambeta News

Construction of lekki deep seaport kick-off that will provide a revenue of 361 billion dollars to the nation. The project which has stalled for a year now has finally kick-off in lagos free Trade Zone (LFTZ), Ibeju-Lekki. it will be one of the most modern ports, supporting the burgeoning trade across Nigeria and the entire West African region. It will provide the connection to the global shipping network. Acting Director General of the Infrastructure Concession Regulatory Commission…

LEKKI DEEP SEA PORT CONTRACTOR ANNOUNCED COMPLETION OF PROJECT

Posted on November 2, 2022 by Gambeta News

The China Habour Engineering LFTZ Enterprise (CHELE), a subsidiary of China Habour Engineering Company Limited (CHEC), which is the engineering, procurement, and construction (EPC) contractor for the $1.5 billion Lekki Deep Sea Port, has announced the completion of the construction of the port. The Lekki Port is one of the biggest deep-sea ports in West Africa expected to generate $361 billion in revenue for the Nigerian government while also providing close to 200,000 job opportunities…