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FMoT Coastal Railway Line Nigeria - Project Profile

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Synopsis


"FMoT Coastal Railway Line Nigeria - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "FMoT Coastal Railway Line Nigeria - Project Profile" is part of Timetrics database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary


The Federal Ministry of Transport (FMoT) is planning to undertake the construction of a new railway line between Lagos and Calabar in Nigeria.

The project involves the construction of a 1,402km railway line between Lagos and Calabar. It includes the construction of 22 railway stations, tunnels, bridges, platforms, an administrative facility and related infrastructure, the installation of signaling and safety systems and the laying of railway tracks.

On May 5, 2014, China Civic Engineering Construction Corp, a subsidiary of China Railway Construction Corporation Ltd (CRCC), entered into a framework contract with FMoT worth US$11,970 million for the development of the project.

In November 2014, China Civil Engineering Construction Corporation (CECC) was appointed as the construction contractor at a contract value worth US$11,917 million.

In December 2014, project is temporarily on hold due to lack of funding.

In December 2015, Chinese goverment agreed to finance the development.

In February 2016, FMoT earmarked US$298 million and Chinese goverment would be investing the remaining amount through a special loan agreement.

On July 1, 2016, FMoT finalized agreement with CECC at a contract value worth US$11,117 million.

FMoT is in the process of securing funds from the China Exim Bank by end of June 2017 to commence construction activities.

Stakeholder Information:

Planning Authority: Federal Ministry of Transport

Construction Contractor: China Civil Engineering Construction Corporation

Scope


The project involves the construction of a 1,402km railway line between Lagos and Calabar in Nigeria.

The US$11,421 million project includes the following:

1. Construction of 22 railway stations
2. Construction of tunnels
3. Construction of bridges
4. Construction of an administrative facility
5. Installation of signaling and safety systems

Reasons To Buy


Gain insight into the project.

Monitor the latest project developments.

Identify key project contacts.


.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
0.Key Contacts
.General News, Project News
2.Appendix


List Of Tables


.Key Statistics
2.Key Dates
3.Sector
4.Operating metrics
5.Tender Information
6.Scope
7.Description
8.Latest update
9.Background
0.Key Contacts
.General News, Project News
2.Appendix


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Reports Details

Published Date : Jun 2017
No. of Pages :8
Country :Niger
Category :Construction
Publisher :Timetric
Report Delivery By :Email
Report Delivery Time :12 to 24 hours after placing the order.

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