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Nairaland Forum / Nairaland / General / Politics / FCTA, China Sign $792 Million Deal For Abuja Rail Project (1094 Views)
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FCTA, China Sign $792 Million Deal For Abuja Rail Project by Eldavido1: 6:05am On Sep 27, 2014 |
VENTURES AFRICA – Following a 60 percent completion of the first stage of the Abuja Light Rail Project, the Federal Capital Territory Administration of Nigeria – the administrative organisation of the country’s capital city – has signed a Memorandum of Understanding (MoU) with the China Civil Engineering Construction Company (CCECC) to kick start the second stage of the project. Mr Ivoke Ochiagha, Secretary of FCT Transport Secreteriat, disclosed that the second phase of the project, whose total value is estimated at $792 million, was initiated because of the significant level of progress already made on the first stage. The rail length is expected to span across Garki Area 3, Wuse, Berger, Utako and Kubwa thus linking up major sections of the FCT and transporting up to half a million people everyday. Additionally, some 20,000 jobs are expected to be created by this initiative alone. Minister of the FCT, Malam Bala Mohammed, also asserted that the first phase should be ready for launch before the end of 2015. “We are pushing the light rail to a logical conclusion so that we can have a vibrant transportation. This is an addendum to the existing project going on,” he said. Effective transportation networks comprising road and rail networks are essential to the wholesome development of any metropolis and, indeed, any region. Africa continues to face crippling transportation challenges that infringe on overall productivity; hence the need to deploy effective transportation systems across the length and breadth of the continent. Three of such effective systems include the electric tramway system, the light rail transit (LRT) which is currently being deployed in Abuja and the subway system. A study on public transportation systems by the Swiss National Science Foundation shows that the electric tramway system can transport up to 20,000 people per hour, the LRT can do same for 30,000 people while the subway can move 50,000 people in the same amount of time. By Emmanuel Iruobe www.ventures-africa.com/2014/09/fcta-china-sign-792-million-deal-for-abuja-rail-project/
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