Nigeria’s Inter State High Speed Rail Project Is Among top 100 world-class infrastructure Projects by KPMG.


PRESIDENT-Goodluck-JonathanNigeria’s Inter State High Speed Rail Project Is Among top 100 world-class infrastructure Projects by KPMG., GEJ says I received the news that Nigeria’s Interstate High Speed Rail Project has been listed amongst the world’s top 100 infrastructure projects with a sense of fulfillment that this administration’s desire to link our commercial and administrative capitals is receiving global affirmation. Coming at a time when the Abuja-Kaduna rail project has reached near completion stage, one can say Nigeria is witnessing a railway revolution. This Forward March to progress will continue, with your cooperation, until Nigeria’s infrastructure, be they roads, schools, airports or hospitals, are listed as amongst the best in the world. And by God’s grace, this will happen in the not too distant future. GEJAbuja

Nigeria’s high speed rail project initiated by President Goodluck Jonathan has been rated among the global top 100 world-class infrastructure projects by KPMG. The rail will connect Lagos, Kano, Kaduna, Warri, Bauchi, Abuja, and Port Harcourt and will cost the country $13 billion, much of which will be financed with a loan from the Export Import Bank of China. The China Railway Construction Corporation has secured the contract to build the 3,218-kilometre network, which will be digitally operated using fibre-optic cables, radio communication and wireless services. The project is designed to cover 54 stations and will take 25 years to build. In the report, The Infrastructure 100: World Markets Report, the KPMG panel of judges said the project “will remove heavy freight from Nigeria’s stressed roads, could save the country millions on road maintenance”. Other African projects on the list are: Khi Solar One (South Africa), Square Kilometer Array (South Africa), PRASA Rolling Stock (South Africa), Kudu Gas Field and CCGT Project (Namibia),Trans-Saharan Natural Gas Project (Nigeria to Algeria), Mombasa-Kigali Railway (Rwanda), KivuWatt (Rwanda), Jinja Bridge (Uganda), and Jomo Kenyatta International Airport Terminal (Kenya). In its note, KPMG said the report highlights key trends driving infrastructure investment around the world. PROCEED TO SEE MORE ON PAGE2

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