π Tender Overview
Scope :
The Cross River State Government in partnership with some private investors has commenced the construction of a 365-kilometres railway which will to be completed with an estimated cost of US$350 million.
Railway line would connect the southern part of the state to its northern extremities. project is a Public-Private Partnership (PPP) funded initiative driven by Messers Reinhoke LLC in partnership with the state government.
importance of the rail project to the economic growth of the state is premised on the strategic location of the state among other sub-nationals. Cross River State is frontier to Equatorial Guinea, Cameroon, and Sao Tome and Principe. It is also home to the largest export processing zone in Nigeria-the Calabar Free Trade Zone (CFTZ).
The railway line will not only facilitate the easy intra-state movement, but will serve as evacuation corridor for goods and services within international borders.