May 26, 2017

GE consortium preferred bidder for Nigerian rail concession

Written by 
  • Print
  • Email

A CONSORTIUM led by General Electric (GE) and including Transnet, South Africa, has been named preferred bidder by the Nigerian government for a concession to rehabilitate, finance and operate Nigerian Railways’ 3505km 1067mm-gauge network.


The consortium also includes SinoHydro, a Chinese infrastructure construction services company, and APM Terminals, a port, terminal and intermodal services provider.

 

Concession negotiations will now begin and involve a more detailed examination of the consortium’s proposal covering bid value, terms, conditions, scope, assumptions, and timelines, as well as negotiations with the Nigerian government’s defined performance standards.

“We look forward to moving on to the crucial negotiation phase where we will align expectations and finalise specifics in order to develop a strong plan to support the country’s rail infrastructure,” says Mr Thomas Konditi, president and CEO of GE Transportation, Africa.

Nigerian Railways comprises the Lagos - Kaduna - Nguru western line, the Port Harcourt - Kaduna eastern line together with the main spur line from Kafanchan to Maiduguri and other branch lines.

Get the latest rail news

Global news and analysis from IRJ, Railway Age and RT&S by email