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Ghana signs $500 mln agreement for a new 100-km railway

Tuesday, 21 May 2019 14:19
Ghana signs $500 mln agreement for a new 100-km railway

(Ecofin Agency) - Ghana recently signed a $500 million agreement with China Railway Wuju Group Corporation (CRWG) for the construction of a new railway, the Global Construction Review reveals.

The new railway is a 100 km standard-gauge railway linking Manso and Dunkwa. The Railway, planned to be completed within a maximum of 12 months, will complement the 22 km Kojokrom-Manso railway being constructed and facilitate the transport of people and goods.

Let’s note that the new agreement falls within the framework of the government’s strategy that consists of massive investments in the infrastructure sector. A few days ago, Ghana announced that it received new financing of $1 billion from China for the construction of railways in the country.

Moutiou Adjibi Nourou

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