44 Companies bid for Eastern Railway Line project
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 44 local and foreign companies have expressed interest in investing in the construction of the Eastern Railway Line project.
The companies tendered in their bids after the Ministry of Railway Development made it public to involve private sectors in developing public infrastructure by promoting a robust Public Private Partnership [PPP] agenda by the Nana Addo–led government. Reconstruction of the Eastern Railway Line will be executed under a public-private partnership arrangement, on a ‘build, operate and transfer’ basis. Audit firm PricewaterhouseCoopers has been appointed transaction adviser for the project, which includes financing, development and operation of the 330km line. The work also involves provision of rolling-stock, station upgrades, and signaling and communication equipment. It is expected that the Eastern Railway Line Project when completed would provide an efficient and safer alternative to the road network across the country. |
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-Peacefm |
ABOUT: Nana Kwesi Coomson
[email protected] An Entrepreneur, Corporate Social Responsibility, Corporate Communications Executive and Philanthropist. Editor-in-Chief of www.233times.com. A Senior Journalist with Ghanaian Chronicle Newspaper. An alumnus of Adisadel College where he read General Arts. His first degree is in Bachelor of Arts - Political Science (major) and History (minor) from the University of Ghana. He holds MSc in Corporate Social Responsibility (CSR) and Energy with Public Relations (PR) from the Robert Gordon University in the United Kingdom. He is a 2018 Mandela Washington Fellow who studied at Clark Atlanta University in USA on the Business and Entrepreneurship track.
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