BAM to improve navigation on Sierra Leone river.
Author: SEM
Sierra Leone News
BAM International, the operating company of Dutch construction and engineering giant Royal BAM Group active outside Europe, has won in a (50/50) joint venture with Stefanutti Stocks (a large construction group from South Africa) the contract to construct 37 navigation aid structures and two mooring dolphins in Pepel (close to Sierra Leone's capital Freetown) on the Sierra Leone river.
These works form part of the rehabilitation of a loading facility for iron ore. [The] Client is African Minerals Ltd. The contract value is Euro 16 million.
Special equipment includes BAM's own crane barge Marlin to drive the 60-metre-long piles. The barge will be transported from Amsterdam to Sierra Leone for this project in June 2011.
http://www.sierraexpressmedia.com/archives/21205
Every bit of infrastructure upgrade is good for the buyer of our Marampa No1 project and very good for CFE when Pinnacle's SL assets and Marampa No2 areas come up for sale.
LT Buy :)
BAM to improve navigation on Sierra Leone river. Author:...
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