Eastern Railway line coming - at $2.2bn 

Eastern Railway line in the offing as government rounds begins negotiations with the Ghana Railway line consortium to commence the 2.2 bln dollar project. 

The Eastern Railway line project is set to take off soon as the ministry for Railways development has began negotiations with a contractor the Ghana European  Railway Consortium.

The rail line project which is estimated at 2.2billion.

The 340 kilometer Rail way line  will run from Tema through Accra to Koforidua and termnate in Kumasi. The project will be undertaken by the Ghana European Consortium under a Build Operate and transfer agreement.

Speaking to Joy Business, the minister for railway development Joe Ghartey said the contract is expected to be submitted to parliament in July .

Joe Ghartey said "we have our time lines so we wull tell them to gwt everything set so we can submit the full proposal to parliament before they rise in july"

According to spokes person for the consortium Heinz Kriczeck ,the project will include the railway line , electrification and stations. He said, without the electification, the project should cost its initial amount of 1. 8 billion but with electrifcation it should be the 2.2 billion.

Joe Ghartey also indicated government will hold 30 percent shares in the project.

The railway is expected to carry between 12,000 to 18,000 passengers a day and 4 million tonnes of goods in a day.

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