PIC.27.
FROM LEFT: THE MINISTER OF TRANSPORTATION, CHIBUIKE AMAECHI; MANAGING
DIRECTOR OF THE CHINA CIVIL ENGINEERING CONSTRUCTION CORPORATION
(CCECC), JACK LI; AND MARKETING DIRECTOR OF CCECC, LEO YIN, SIGNING THE
COMMERCIAL CONTRACT AGREEMENT ON THE FIRST SEGMENT OF CALABAR-PORT
HARCOURT COASTAL RAIL LINE AND KANO-KADUNA SEGMENT 3 OF THE LAGOS-KANO
RAIL MODERNISATION PROJECT IN ABUJA ON WEDNESDAY (31/8/16).
The Minister of Transportation, Rotimi Amaechi,
has given an assurance that the Calabar-Port Harcourt Coastal rail line
and the Lagos-Kano rail modernisation project would be completed before
the end of 2018.
Amaechi said this on Wednesday in Abuja
while signing the Memorandum of Understanding (MoU) for the project with
a Chinese company, China Civil Engineering Construction Corporation Ltd. (CCECC).
The minister said the MoU was being signed in compliance with the China Exim Bank requirement.
He added that the Ministries of Finance,
Works and Housing, National Planning and Justice were all involved in
efforts to drive the project to completion in record time.
“I am told that before November, we can
commence the Lagos-Ibadan construction. So, we can begin to count for
CCECC in the case of Lagos-Ibadan from November, hoping that in November
2018, you should have finished work”.
The minister further added that the
Federal Government would get the counterpart fund for the project
expected to cost $3.4 billion.
In his remarks, Jack Li, the Managing Director of CCECC, said that the project would be completed in record time.
He expressed optimism that the project, when completed, would not only benefit the people but the society at large.
He further gave an assurance that the
Calabar-Port Harcourt Coastal rail line would be built in line with
international standard.
“I want to give my commitment and assure
you that on completion, the rail line will be as good as, or even
better than the completed Abuja-Kaduna rail line”.
Photo Credit: NAN
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