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Reuters
Reuters
Business

Ghana to sign $3.2 billion railway project deal with Thelo DB consortium

Ghana's government will sign an agreement next week with Thelo DB consortium for a $3.2 billion project to develop and make operational its Western Railway Line, the company said in a statement on Tuesday.

Thelo DB is a South African railway entity incorporated between Thelo Ventures, an African industrial company, and Germany's Deutsche Bahn Engineering & Consulting (DB). The Thelo DB consortium also includes Ghanaian partner Transtech Consult. 

Ghana's Western Railway line runs a total of 339 kilometres (210 miles) from Takoradi Port to Kumasi, but only 66 km is operational, according to the website of Ghana's Ministry of Railways Development, where it is listed as a priority project.

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