AFRICA

Cross River Begins Construction of 365km Railway Project Worth $350m

Cross River State Government working in partnership with some private investors has commenced the construction of a 365-kilometres of railway to be completed at an estimated cost of US$350 million.

Governor Bassey Otu, while performing the groundbreaking ceremony for the project at the Tinapa Free Zone Resort in Calabar said the railway line would connect the southern part of the state to its northern extremities.

At the event which took place on Tuesday, Otu disclosed that the project was a Public-Private Partnership funded initiative driven by Rinehooke Investments Ltd in partnership with the state government.

The governor said the railway project was one of the fruits yielded by the Investment Summit held in August 2023, at the Calabar International Convention Centre.

He said the state government had a robust engagement with financial, infrastructure and social investment players, seeking buy-in, in the growth trajectory of the state’s economy.

“Today, therefore, marks an important milestone in our quest to expand and diversify the stock of our infrastructure by partnering with Rinehooke Ltd for the construction of the Grand Litora Railway Project that will run from Calabar to Obudu.

“On completion, the project will cover an approximate distance of 365km with main terminals in Calabar and Obudu; while three sub-stations will be located at Ugep, Ikom and Ogoja,” Otu said.

Bassey Inyang

Follow us on:

AriseNews

View Comments

  • TOKUNBO VEHICLE FOR SALE AT CHEAPER AFFORDABLE PRICE CONTACT THE OFFICER IN CHANGER FOR MORE INFORMATION O8O__6739__9O9O
    *BAGS OF RICE FOR SALES IN CHEAPER AND AFFORDABLE PRICE #25,500 DELIVERY PER BAG #5000
    **CLOTHES FOR BALE 50kg FOR #35,000, 100kg for #70,000 and 150kg for #120,000

    THE REPLACEMENT FORM IS ALSO AVAILABLE NOW IS GOING ON FOR INTERESTED CANDIDATE SHOULD CONTACT or WHATSAPP THE OFFICER INCHARGE (O8O__6739__9O9O)
    *SOME AVAILABLE TOKUNBO VEHICLES*
    Golf 2,3,4 ₦650,000 - #1million
    PEUGEOT 206 #650,000
    PEUGEOT 306 #800,000
    PEUGEOT 307 #1,000,000
    PEUGEOT 406 #1,200,000
    PEUGEOT 407 #1,300,000
    PEUGEOT 504 #1,500,000
    PEUGEOT J5 #1.500,000
    TOYOTA CAMRY 2.2 TING-A-LING HT ₦2,000,000
    TOYOTA CAMRY BIG-DADDY ₦4,000,000
    TOYOTA CAMRY MUSCLE ₦4,000,000
    TOYOTA CAMRY SPIDER ₦3,500,000
    TOYOTA AVALON ₦3,000,000
    TOYOTA AVENSIS ₦2,500,000
    TOYOTA COROLLA ₦2,500,000
    TOYOTA YARIS ₦1,500,000
    TOYOTA MATRIX ₦2,000,000
    TOYOTA PICNIC ₦2,000,000
    TOYOTA SIENNA ₦4,800,000
    TOYOTA VENZA ₦4,000,000
    TOYOTA RAV4 ₦4,000,000
    TOYOTA 4RUNNER ₦4,500,000
    TOYOTA HIANCE -BUS ₦5,500,000
    TOYOTA HIGHLANDER ₦6,500,000
    TOYOTA LAND CRUISER ₦8,000,000
    TOYOTA TUNDRA ₦9,000,000
    TOYOTA PRADO ₦9,000,000

    MERCEDES-BENZ C-CLASS ₦3,000,000
    MERCEDES-BENZ E-Class ₦3,500,000
    MERCEDES-BENZ G-Class ₦4,000,000
    MERCEDES-BENZ GLK ₦4,500,000
    MERCEDES BENZ ML₦5,000,000

    NISSAN ALTIMA ₦6,500,000
    NISSAN ARMADA ₦6,500,000
    NISSAN MAXIMA N2,000,000
    NISSAN MURANO ₦6,000,000
    NISSAN PRIMER ₦6,000,000
    NISSAN PATHFINDER ₦6,000,000

    HONDA ACCORD ₦2,500,000
    HONDA CITY ₦2,000,000
    HONDA CIVIC ₦2,500,000
    HONDA C-RV ₦3,000,000
    HONDA CROSS TOUR ₦1,500,000
    HONDA ELEMENT ₦2,000,000
    HONDA EVILSPIRIT ₦1,500,000
    HONDA ODYSSEY ₦1,200,000
    HONDA PILOT ₦5,500,000

    LEXUS IS300 #2,500,000
    LEXUS Ex300 #3,000,000
    LEXUS Ex330 #3,500,000
    LEXUS Ex350 #4,000,000

    LEXUS RX300 #3,000,000
    LEXUS Rx330 ₦3,500,00
    Lexus Rx350 ₦4,500,000
    LEXUS Rx460 ₦5,200,000
    LO8O__6739__9O9O

Recent Posts

Elon Musk’s X Appoints Legal Representative in Brazil To Comply With Court Orders and Fight Ban

Elon Musk’s social media platform, X, has named Rachel de Oliveira Conceicao as its legal…

3 hours ago

Labour Party’s Olumide Akpata Defeated By PDP’s Asue Ighodalo At His Polling Unit

In a surprising turn during the Edo state governorship election, Olumide Akpata, the Labour Party…

3 hours ago

Ondo Will Become Nigeria’s Entrepreneurship, Innovation Hub, Says Governor Aiyedatiwa

The Governor of Ondo state, Mr. Lucky  Aiyedatiwa, has vowed to transform the state into…

3 hours ago

Edo Guber: INEC Extends Voting Time In Some Edo State Polling Units Due to Late Start

The Independent National Electoral Commission (INEC) has announced an extension of voting time in areas…

3 hours ago

Usher Acknowledges Role Models Quincy Jones, Bobby Brown at 2024 BMAC Gala After Recieving Humanitarian Award

Usher paid tribute to the male role models in his life at the 2024 Black…

3 hours ago

EFCC Arrests Suspects For Alleged Vote Buying In Edo Governorship Election

The EFCC has arrested three suspects for alleged vote buying during the ongoing Edo governorship…

9 hours ago