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Nigeria’s Multi-billion Dollar National High Speed Rail Project by dustydee: 3:04pm On Sep 07, 2013 |
Nigeria has received $600 million of what will eventually be billions of dollars to build a 2,000 mile (3,218 km) nationwide high speed rail (HSR) system. The first tranche is a 20 year loan from China’s Export Import Bank to build an 850 mile (1,367 km) section. Eventually the project will cover 54 stations, freight and passenger travel serving the capital Abuja, surrounding areas and most of Nigeria. Good move if you ask me. This will reduce the pressure on our roads if properly maneged. http://www.industrytap.com/nigerias-multi-billion-dollar-national-high-speed-rail-project/7819?utm_source=EngNet&utm_campaign=f227f73aa8-Industry_Tap_Volume_35_EN&utm_medium=email&utm_term=0_dca7a88a7b-f227f73aa8-40967457 |
Re: Nigeria’s Multi-billion Dollar National High Speed Rail Project by luvablesam(m): 3:33pm On Sep 07, 2013 |
I hope it won't get into private pockets |
Re: Nigeria’s Multi-billion Dollar National High Speed Rail Project by dustydee: 3:41pm On Sep 07, 2013 |
The government should only provide the infrastructure and allow private operators to provide train services across the country, that is, get investors to operate trains along the different routes. This will make the service more efficient and the government will be responsible for maintaining the infrastructure and for signalling. |
Re: Nigeria’s Multi-billion Dollar National High Speed Rail Project by ugsams(m): 8:37am On Sep 08, 2013 |
This is a good development... |
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