Lobito rail corridor improvement project, Angola
Name of the Project
Lobito rail corridor improvement project.
Location
Between Lobito and Luau, in Angola.
Project Owner/s
Angolan Ministry of Transport.
A consortium comprising Trafigura Group, Vecturis, Mota-Engil, Engenharia e Construção África will manage the Lobito Corridor for 30 years.
Project Description
The concessionaire will take over the operation, exploration and maintenance of the rail transport of goods between Lobito and Luau, as well as the maintenance of the entire existing infrastructure along the Lobito corridor. It is envisaged that 1 678 t of cargo will be transported by the fifth year of the concession, 2 982 t by the tenth year, and 4 979 t from the twentieth year onwards and thirtieth years of operation. The 30-year concession could be increased to 50 years, if the concessionaire chooses to build the Luacano (Moxico)–Jimbe (Zambia) rail branch.
Potential Job Creation
Not stated.
Capital Expenditure
The concessionaire will invest $256-million in infrastructure, $73-million in rolling stock and $4.3-million on other activities.
Planned Start/End Date
Not stated.
Latest Developments
None stated.
Key Contracts, Suppliers and Consultants
None stated.
Contact Details for Project Information
Angolan Ministry of Transport, tel +244 937 279 804 or email geral@mintrans.gov.ao.
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