Nigeria: GE-led consortium selected as preferred bidder for major rail project
Tuesday, 30 May 2017 18:03
The Nigerian government has selected General Electric (GE) Consortium as preferred bidder for the Concession of the Western and Eastern Lines of the Nigerian Railway.
The project includes the rehabilitation, financing and operation of the 3,505km narrow-gauge railway system. In details, the system comprises the Lagos-Kanu-Nguru (Western) and the Port Harcourt-Kaduna Junction (Eastern).
Commenting the new development, GE Nigeria president and CEO, Lazarus Angbazo, said the government’s decision to select the consortium is proof of “the excellent collaborative efforts of world-class enterprises leveraging each other’s strengths to produce a solutions-focused proposal”.
The consortium which is led by GE also includes SinoHydro and Transnet.
Now that a preferred bidder has been selected, the next phase in the project’s implementation is the concession negotiation. After this, a full concession will be awarded to the consortium.
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