ANS : will we fold or fly?, page-389

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21/09/22

12:43

Post #: 63814461
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Originally posted by Praetor: ↑

Freeway in Cameroon to drive growthChina Daily/Xinhua | Updated: 2022-09-20

A newly opened Chinese-built freeway in southwestern Cameroon better links people and freight to a deep seaport, will boost the development of the local industrial zone, expand the country's freeway network, enhance the local economy and improve ties between China and African countries.

The road, constructed by China Harbour Engineering Company, opened on July 29. It links the Kribi Deep Seaport with Cameroon's N7 national highway. The 38.5-kilometer road, with a designed speed of 110 km/h, has six lanes, with the two lanes in the middle reserved for future use. The road's current daily traffic is about 600 trips, which meets expectations. "As the port's supporting facility, the road also supports the development of industrial zones and the integration of port and city," said Xu Huajiang, deputy chief economist of CHEC, and who is also the general manager of CHEC Central African Division and the custodian of the construction and operation of the Kribi-Lolabe Highway.

Cameroon is a country with rich natural resources and the export of its mining resources is one of the country's major drivers for economic growth.

https://www.chinadaily.com.cn/a/202209/20/WS6329185ea310fd2b29e7897e.html

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Articles like this make me believe that construction will start next week. Looking at it objectively - If Ding has secured the funding (I believe he has), he would have already started sending the appropriate people over whom are needed for the laying of the first stone/construction to commence.

I hope we get an ANN this week confirming this.

ANS Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
6 Upvote

2 Great analysis

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ANS : will we fold or fly?, page-389

Top Stories

Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Silver Mines models five new calderas close to 396Moz Bowdens deposit

Week 26 Wrap: Cerberus of inflation barks – rents, electricity & fuel – and world watches two elders bicker

Recce's R327 found effective against E.coli during clinical trial

Microcap Wrap: 5 explorers with news out today

ChemX Materials kicks off first stage works at WA high purity alumina pilot

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