Wednesday, April 16, 2014

French, Korean consortium to build $1.4 bln Abidjan rail line

By REUTERS

Ivory Coast said it had signed an initial agreement with a consortium including France's Bouygues and South Korea's Hyundai and Dongsan Engineering to build a 1 billion euro ($1.4 billion) urban rail line in Abidjan.French-speaking West Africa's largest economy has been emerging from a decade-long political crisis that ended in a brief civil war in 2011, and the government is now seeking to improve long neglected infrastructure. The proposed project would involve construction of a 37 km (23 mile) rail line from Abidjan's international airport in the south of the city, through the city centre to its northern suburbs.  The line would transport an estimated 300,000 passengers a day, alleviating the traffic jams that currently plague the city of around 5 million inhabitants, the government said in a statement.  "The estimated cost of the project is around 1 billion euros," an official with Ivory Coast's transport ministry said, declining to give a timetable for when construction was expected to begin. 

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