SDL 0.00% 0.6¢ sundance resources limited

Hi frank2231. No, but will share something with you. Cameroon:...

  1. 8,602 Posts.
    lightbulb Created with Sketch. 40
    Hi frank2231.

    No, but will share something with you.
    Cameroon: After the port of Kribi there is the Chinese CHEC railway Edea-Kribi -Lolabe.

    Cameroon Government on 6th May 2015 signed in Yaounde, a Memorandum of Understanding (MOU in English) with the Chinese company CHEC for the realisation of feasibility studies for the construction project of the railway line Edea-Kribi-Lolabe which will serve the deepwater port of Kribi infrastructure built in the South region of Cameroon by CHEC.

    although it is very far from the award of the contract for the actual construction of the railway line, which is part of the national rail plan can still emphasize the focus given to project the Chinese company, which is fast becoming the Essential Link of All Projects built around or in connection with the deepwater port of Kribi.
    Indeed,after building the first terminals (containers and versatile) and related infrastructure of the port infrastructure already presented as the most important on the West African coast, CHEC is in the starting blocks in consortium with the Bollore logistician and the shipowner CMA CGM, for the concession of the container terminal, According to information drawn from very good sources,this group is also the candidate who makes the best financial bid to clinch the said contract.

    At the same time, according to our sources, The Chinese company CHEC participated alongside the Cameroon Government negotiating with Eximbank of China, the necessary funding ($750 million, or about 375 billion CFA francs) for construction the second container at the port of Kribi, twice as large as the first.

    Furthermore, we remember that when she still was building the deepwater port of Kribi,CHEC company has applied and finally awarded the dredging of the channel market from the port of Douala in the capital Cameroon economic, totalling 18.7 billion CFA francs.

    Google also. Cameroon: Kribi Deep Seaport - Masterpiece Awaiting Full Functioning from All Africa.com on 31/05/2015.
    Take note of last paragraph, Double-carriage Road in Gestation. Note Eximbank and also Kribi-Lolabe axis.

    Regards
    Westcott.
 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.