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Some confusion with the reported timeline here!"First stone...

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    Some confusion with the reported timeline here!
    "First stone turned in February" as reported by LSA, but railway construction actually starts in March?

    Construction work on the Kribi railway line scheduled for March
    01/13/2022

    • The project will cost 5,500 billion FCFA
    • The first saxifrage will take place in the first semester
    • Feasibility studies evaluated to date at 80%

    The project to build a railway line in Kribi is progressing as planned. At a cost of 5,500 billion FCFA, the breaking of the first stone of the works is scheduled for March 2022. This is at least what the African digital information agency (Adia) and Bestway suggest. , Finance your partner. Indeed, the two partners have announced that the feasibility of the said site is estimated at 80% and that the feasibility work will be completed by the end of January, which according to them will lead to the signing of a contract with the State. Cameroon.

    The consortium brought together for this purpose is made up of some of the largest Chinese groups in the fields of the construction of mining ports, railways, mines, steel mills and the marketing of iron. "Initially planned for the end of 2021, the first stone of the project will certainly take place in February 2022"; said in an exclusive interview with the African Digital Information Agency, the project's communications director, Patrick Tchouwa.

    The investment for the realization of these two flagship projects amounts to nearly 5,500 billion CFA francs. No public funds are needed to develop these two gigantic projects which are supported solely by business investment.

    To justify some of the delays observed so far in the implementation of the said project, Patrick Tchouwa indicated that: “You know that in our country there are procedures that must be followed. As a corporate citizen, the consortium Bestway Finance Ltd and AutSino Resources Ltd wishes to strictly respect these procedures in order not to fall into the trap of obstacles. I would like to emphasize that the slight delays observed are not due to bureaucracy. But it was rather necessary to respect the holding of the assemblies which would allow us to arrive at the laying of the first stone”.


    Translated source:
    https://www-cameroonmagazine-com.translate.goog/economique/travaux-de-construction-de-la-voie-ferree-de-kribi-prevus-en-mars/?_x_tr_sl=fr&_x_tr_tl=en&_x_tr_hl=en-GB&_x_tr_pto=wapp
 
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