Johannesburg, August 29, 2022: The Thelo DB Consortium (composed of Thelo DB and Transtech Consult Limited) has signed a Railway Management Agreement with the Government of the Republic of Ghana through the Ghana Railway Company Limited, to develop and commission the railway line Western Iron.
The signing ceremony for the $3.2 billion project took place in Accra, Ghana on August 22, 2022.
The project includes planning (all activities related to project preparation, such as feasibility studies, demand analysis, preliminary and detailed design and procurement consultation); Implementation (systems engineering design, construction supervision, design review, audit systems engineering, testing and commissioning of rolling stock and infrastructure); and operation and maintenance management (early train operator, consultancy services in infrastructure operation, rolling stock operation, infrastructure and rolling stock maintenance).
When completed, the project, which includes associated infrastructure, training and operations and maintenance management, will transform Ghana’s existing railway network into a modern, robust and integrated railway system running from the port of Takoradi to the valley. from Huni to Obuasi including branch line from Dunkwa to Awaso to Nyinahin and Eduadin.
The investment for the Ghana Western Railway Line project will ensure upgrade of rail infrastructure and interoperability of rail systems; new standardized rolling stock; maintenance facilities required; a spare parts regime and operational integration into other transport infrastructure and systems.
Hon. John-Peter Amewu, Minister of Railways Development, Ghana, commented: “Currently, the transport of goods including minerals and other bulk goods along the Western Corridor is mainly done through the road network in because of the poor condition of the railways.
The Western Railway Line has enormous potential in terms of transporting liquid and bulk goods.
For example, the current projected annual transport on the Western Rail Line for manganese and bauxite is approximately 7 million and 15 million metric tons respectively.
An additional 5 million metric tons of bauxite are estimated to be mined and transported from the new Nyinahin bauxite deposit each year using the railway.
The Bulk Oil Storage and Company Limited has also planned to transport over 1.5 billion liters of petroleum products along the corridor.
Other goods transported along the Western Corridor include cocoa, timber, cement, among others, which also have huge transport potential based on their respective projected volumes.
Rail transport is therefore essential to the success and realization of all these traffic projections, as it offers a cheaper and more efficient means of transporting these goods. »
The fully integrated development model is innovative for the railway sector in Africa, particularly because the Western Railway Line project will be financed on a ring-fenced project financing basis.
This agreement demonstrates once again the importance that the government of President Akufo-Addo places on our railway sector.
Ronnie Ntuli, Chairman of Thelo DB, said: “The intention of this project is to develop, implement and operationalize the Western Railway Line as a fully integrated rail system to enable efficient freight and passenger mobility.
This, in turn, will catalyze investment, infrastructure development, foster trade, skills development and job creation, thereby generating broader economic growth in Ghana and hopefully the wider region. of West Africa.
Mr. Ntuli commended the Government of the Republic of Ghana, for identifying the railway sector and this particular project as a catalyst for development, as well as the role of the Ministry of Railways Development and the Ghana Railway Company, in the development. operationalization of the development and modernization vision. Ghana’s hard and soft rail infrastructure systems.