Week: Week 09-2023Print Edition: 2023 – March, SARA EditionEdit Article
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North Congo-Ntam-Port Of Kribi Railway Line Construction Project

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 Sources:

https://aust-sino.com/files/files/994_227._Market_Update_Midwest_Loan_Extension_-_23Feb2023.pdf

https://aust-sino.com/files/files/992_225._ANS_Market_Update_-_Feasibility_Study_Complete_-_24Nov2022.pdf

https://aust-sino.com/

https://www.bestwayfinance.org/project/1

 

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The North Congo-Ntam-Port of Kribi Railway Line Construction Project is set to revolutionize the mining industry in Cameroon and the neighbouring Republic of Congo. In 2021, Cameroon signed a Memorandum of Understanding to construct a 540 km railway line connecting the iron ore site at Mbalam to the multimodal ore port at Kribi, with a capacity of over 100 million tonnes per year. The project, estimated to cost $4.7 billion, will entail constructing a double-track railway spanning 640 km. Premium subscribers can access the project update here: < Link>

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Cameroon signed an MoU in 2021 with Bestway Finance Ltd and Austsino Resources Group Ltd to construct a 540km railway linking the iron ore site at Mbalam to the multimodal ore port at Kribi. The railway will transport iron ore from the Republic of Congo with an annual capacity of over 100 million tons. The project costs $4.7 billion and is expected to take 39 months to complete.
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  • Cameroon
  • Congo, Republic of the
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An MoU signed in 2021, for the construction of a 540km railway line to connect an iron ore site to a multimodal ore port, between Cameroon and the Republic of Congo is seeing some progress!

Once completed, the railway line will transport over 100 million tons of iron ore annually from mines in the Republic of Congo.

#Cameroon #IronOre #RailwayConstruction #InfrastructureDevelopment #RepublicofCongo #Congo #railway #ore #port #mining

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Following an MoU signed in 2021, to construct a 540km #railway line linking an iron ore mine to a multimodal ore port with an annual capacity of over 100 million tons, between #Cameroon  and the Republic of #Congo, is moving forward: Link  #IronOre #Infrastructure

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