ESG – Enugu Monorail Line – Nigeria - Project Profile
"ESG – Enugu Monorail Line – Nigeria - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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The Enugu State Government (ESG) is planning to undertake the construction of a monorail line in Nigeria.
The project involves the construction of a 117km monorail line. It is planned to be developed in six phases.
The first phase of the project will include the construction of a 22km rail line and is expected to cost around US$246 million, second phase of the project will include the construction of a 24.96km rail line, third phase includes the construction of a 24km rail line, fourth phase includes the construction of a 14.80km rail line, fifth phase includes the construction of a 27km rail line and sixth phase includes the construction of 4.88km of rail line.
It includes the construction of stations, administrative buildings, substations along the route, the installation of signal lights and sign boards, and the laying of rail track and other required infrastructure facilities.
On August 4, 2010, TransGlobim Nigeria Ltd (TransGlobim), a subsidiary of Globim Corporation, Canada entered into an agreement with Enugu State Government to develop the project under pubic private partnership (PPP) basis.
In October 2011, The Infrastructure Bank Plc formerly known as Urban Development Bank of Nigeria (UDBN) Plc. granted US$50 million loan. It was funded as a 30 year, Build-Own-Operate-Transfer (BOOT) project as foreign direct investment.
Following which TransGlobim issued an expression of interest (EoI) for local and foreign contractors in April 2012 for the 22km first phase.
According to initial plans the project was scheduled to take off in 2012. As of December 2012, investor had assembled the necessary funding and other logistics for the take-off of the project. However, due to delay in finalizing the decision from Government side the project plans are moving at slow pace than expected.
The project involves the construction of a 117km long railway line in Enugu, Nigeria.
The US$1,600 million project includes the following:
1. Construction of stations
2. Construction of administrative buildings
3. Construction of power sub-stations along the route
4. Installation of signal lights and sign boards
5. Laying of rail tracks
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