Ghana and Burkina Faso ink advisory contract for Accra to Ouagadougou railway project

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West African neighbours Ghana and Burkina Faso have signed a contract for transaction advisory services for the construction of the railway inter-connectivity project from Accra to Ouagadougou.

The railway project stretches from the port of Tema through Ho and Hohoe in the Volta Region to Yendi, Tamale in the Northern Region through to Paga, a small town at the Ghana-Burkina Faso border and extends from Dakola to Ouagadougou in Burkina Faso.

The signing of the contract paves the way for the consortium of transaction advisors, made up of Messrs Vision Consult Limited from Ghana and TEAM Engineering S.P.A from Italy, to provide technical support for efficient execution of the project.

Among other things, the transaction advisors will lead the process to select three firms out of a list of 12 that have been shortlisted to execute the project on a build, operate and transfer (BOT) basis.

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