The Ministry of Railways Development in Ghana has said it was not continuing with its relationship with China Railway Construction Corporation (Nigeria) concerning its plans to build a modern railway network.
The ministry in a statement entitled ‘’CRCC to Construct 560km railway line for $2bn – same as 156km Lagos-Ibadan rail,’’ was reacting to a publication to this effect.
The statement read: ‘’The Ministry of Railways signed an MoU, dated March 21, 2019, with China Railway Construction Corporation Nigeria.
‘’CRCC Nigeria expressed interest in supporting the ministry to develop and modernize Ghana’s railway network, particularly the Trans-ECOWAS line, which runs along the coast between Aflao on the border with Togo and Elubo on the border with Cote d’Ivoire
‘’The purpose of the MoU is for CRCC Nigeria to undertake feasibility studies through the use of independent consultants. CRCC Nigeria is responsible for verifying the project cost as estimated by the feasibility studies and also raise capital to finance the project.
‘’CRCC Nigeria has not submitted any report of the feasibility studies to the Ministry of Railways Development, let alone the project cost estimate.”