Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,148,417 members, 7,800,883 topics. Date: Thursday, 18 April 2024 at 08:26 AM

Transnet Scores A Rail Deal In Ghana - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Transnet Scores A Rail Deal In Ghana (236 Views)

Sim Fubara Accepts Tinubu's Peace Deal In Christmas Broadcast / 1st Was Amnesty For Terrorist, Now Its A Rail Line To Niger. Are We Still Blind? / Buhari, Amaechi & El-Rufai At The Commissioning Of Abuja Metro Rail (Photos) (2) (3) (4)

(1) (Reply)

Transnet Scores A Rail Deal In Ghana by Blue3k2: 5:29pm On Dec 13, 2019
Transnet has continental ambitions beyond freight and wants to be a major player in railway equipment and expertise. It is starting by reviving narrow-gauge railways in West Africa.

South African state-owned rail and freight operator Transnet has agreed to a rail revitalisation deal with the Ghana Railway Company Limited and the Ghana Railway Development Authority.

The agreement stipulates the revival of Ghana’s narrow-gauge railway between Takoradi and Tarkwa, in Western Region – a distance of around 82km.

Takoradi Port is Ghana’s main export facility, and the inland town of Tarkwa, home to one of the largest gold mines in Ghana and in the world, Tarkwa mine.

The three entities have agreed to rehabilitate and maintain the line, refurbish and maintain existing locomotives and wagons, supply additional rolling stock, jointly operate the line, and have factored in a skills development component.

Shift from road to rail

Transnet and the two Ghana entities have established a joint project team that will conduct due diligence of infrastructure and facilities.

“Transnet is committed to working with local Ghanaian companies to achieve the objectives of the project,” said Transnet International Holdings chief executive Petrus Fusi. “Through this partnership, Transnet believes it will contribute to the revival of Ghana’s railway infrastructure and operations, and return it to full reliability. This is expected to result in a shift of transporting bulk cargo from road to rail, and contribute to a reduction in Ghana’s cost of logistics.”

Nigeria first

The Ghana deal follows a successful tender in Nigeria. In November 2018 Transnet replaced General Electric as the lead consortium partner in the country’s narrow-gauge railway project. That project entails rehabilitating and operating Nigeria’s western and eastern narrow-gauge lines.

Transnet said the consortium aimed to enter into a 30-year concession agreement with the Nigerian government.


Read full @: https://www.theafricareport.com/21238/south-africa-transnet-scores-a-rail-deal-in-ghana/
Re: Transnet Scores A Rail Deal In Ghana by Blue3k2: 5:31pm On Dec 13, 2019
Which country do you believe will fix narrow gauge first. I would hope its Nigeria who refuse to stop truckers from parking on highways causing traffic.

(1) (Reply)

Breaking : President Buhari Signs 2020 Budget Into Law (video) / Senator Who Embezzled Constituency Allocation Calling For Health Care Funding / MM Group Women Leader, Sha’aba, Ben, Popoola, Others Receives Revolutionary Awar

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 10
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.