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China Exim Bank has Approved Ghana Railway Project Loan

28 September 2010 Tuesday, 16:31

China Exim Bank has approved a loan to Ghana for the development of the nation’s rail network.

Ghana will receive a total of $10.4bn towards the infrastructure development, of which $4bn will be allocated towards the development of a new railway system.
The proposed system will begin from Kumasi in south central Ghana to Paga, a town in the north of the region.
The project is expected to open up the eastern, middle and northern parts of Ghana for accelerated development, according to Ghana News Agency.

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