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Ann: Financing Update, page-35

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  1. 2,541 Posts.
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    Hi qball

    With the infrastructure being 100% owned by Cameroon, the mines are fully de-risked from the perspective of other mine bidders who may be apprehensive of China owning the port and rail.

    IMO, interested parties such as India will no doubt be a potential strong contender. Have a look of the following articles:

    India Government aims treble steel production capacity by 2025.
    Indian companies plan $46.1B investment to build new steel plants.


    http://www.wsj.com/articles/india-s...-steel-production-capacity-by-2025-1433172500

    SAIL-led consortium scraps $10.8b Afghan project.

    http://www.financialexpress.com/art...ium-scraps-10-8-billion-afghan-project/74748/
 
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