West Africa targets $57b investment, integrated ports, rail sector | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 94%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Experts, at a roundtable meeting yesterday, were unanimous that the West African transportation corridor is arguably the least integrated passage in the world, despite enormous opportunities that abound. Nigeria

West African countries will later this month meet in Lagos to chart path to integrated ports, road and rail transport sector, with new investments in excess of $57 billion for the region.

Experts, at a roundtable meeting yesterday, were unanimous that the West African transportation corridor is arguably the least integrated passage in the world, despite enormous opportunities that abound. Managing Director, Grolla Port Services, Graham Lawal, said the West African trade is booming, as more shipping lines are finding their way to the ports.

“But in order to unlock the West African hinterland, ports and rail authorities are working together to set up new logistics infrastructure where investment figures of single projects in the sector go up to $10 billion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines