Setrag: AFD and EU Grant 135 Billion Francs for Railway Modernization

Gabon’s Transgabonais Railway Gets Major Boost with €200 million Investment

Libreville, Gabon ‍ – The ‍Transgabonais Railway (SETRAG), Gabon’s vital rail link connecting the capital Libreville to the mining hub of Franceville, is set for a major upgrade thanks to a €200 million investment from the European Union (EU) and the French Development Agency (AFD). This substantial funding will accelerate modernization efforts and transform the ⁢railway‍ into a‍ more ‍efficient and reliable transportation corridor. ​

The project, announced on January 31st, ​2025, will see the replacement of‍ 270 kilometers of concrete crosspieces, rails, and switches. Additionally, 40 kilometers of new passing tracks will be constructed, along with ⁤the installation of crucial safety features such as light signaling, security fencing,⁢ and the stabilization ⁢of unstable areas. Renovations are also planned ⁣for ‌Owendo and Franceville stations, further⁣ enhancing the passenger experience.

“This investment is a testament to the commitment⁣ of Team⁢ Europe to supporting Gabon’s ‍development,” stated⁣ French Ambassador‍ to Gabon, Fabrice Mauries. “The modernization of the Transgabonais railway will not only ⁣improve connectivity ⁢but also boost economic⁣ activity and create ⁤new opportunities ⁤for the Gabonese people.”

The EU will contribute €20 million ⁤through its Global Gateway initiative, while the AFD will provide up​ to €115 million in financing, potentially supplemented by additional funding from‍ Proparco.

According to SETRAG ‌Director General Christian Magni, this funding ​will allow the company to accelerate modernization efforts between 2025 and 2028. The project is expected to significantly enhance the railway’s capacity and reliability, ‌facilitating the transportation of goods and ​passengers across Gabon.

The transgabonais ⁤Railway plays a crucial role in Gabon’s economy,connecting key industrial centers and ports.‍ This ⁤substantial investment ‍promises to revitalize the railway,unlocking its full potential and contributing⁤ to Gabon’s sustainable development.

Gabon’s Railway revolution: €200 Million Upgrade to Transform Transport

Time.news Editor: Today, we delve into the exciting news of a €200⁢ million investment​ into Gabon’s Transgabonais Railway (SETRAG). Wiht the ​support of the EU adn ⁤the AFD, this vital rail link is set for a major modernization. Joining⁤ us today is [Expert Name],a ​leading expert in​ African infrastructure growth. Welcome ⁢to Time.news,

Expert: Thank you for having me. it’s a pleasure to ⁢discuss this⁢ notable ⁣development.​

Time.news Editor: The Transgabonais Railway is the backbone of Gabon’s transport network. What will this €200 million investment specifically entail, and how will it ⁣impact the country?

Expert: This ⁤project is transformative. The funding ⁢will be primarily focused on upgrading and replacing aging infrastructure. Thay’re planning to replace‌ 270 kilometers of ‍track,install​ new switches,and construct 40 kilometers of ‌new‍ passing tracks.Crucially,they’ll also be adding essential safety features ,like light signaling,security fencing,and stabilizing vulnerable sections ⁣of the line. these ‍measures are crucial for maximizing both safety​ and efficiency.

Time.news Editor: What are the key benefits Gabon expects to see from these improvements?

Expert: Improved connectivity is a​ primary benefit, but this investment goes ‌far beyond that. The modernized railway will increase capacity, enabling Gabon ⁢to move ​more ⁤goods and passengers efficiently. This will have a ripple effect⁣ on the entire economy,​ leading to potential growth in industries like⁤ mining and agriculture. Smoother transportation can also help ⁣reduce costs for businesses, making Gabon ⁣more ‍competitive on a global stage.

Time.news Editor: You mentioned the importance of safety. Can you expand on⁣ how ​these upgrades will enhance safety for passengers and ⁤freight alike?

Expert: Absolutely. The ​outdated infrastructure‌ posed several risks. ​The⁣ new light signaling system will enable better traffic management, ‌preventing collisions and delays. Enhanced security fencing will deter unauthorized access to the tracks,protecting both passengers and ‌workers.​ And by stabilizing unstable​ sections,​ they’ll mitigate the risk of derailments. These improvements directly translate into a safer rail network for everyone.

Time.news Editor: ⁣ The project is a collaborative effort between the European Union, the French Development Agency ‌(AFD), and the Gabonese government.‌ What does ⁣this signify ‌for‌ future infrastructure development in Gabon?

Expert: this collaboration signifies a strong commitment to sustainable development in Gabon. The EU’s ⁣Global‌ Gateway initiative and the AFD’s investment demonstrate a belief in gabon’s potential. ‌ This partnership sets a precedent for attracting further international investment in infrastructure projects.

Time.news Editor: This is inspiring news for Gabon’s future. Any optimistic predictions⁢ for⁢ the impact on‌ the country’s development⁢ in ‍the⁣ years to come?

Expert: I’m‌ very​ optimistic. This infrastructure upgrade will not only modernize Gabon’s transport system, it will unlock significant economic potential,‍ create new jobs, and improve​ the quality of life for Gabonese citizens. It’s a crucial step towards a more prosperous and connected gabon.

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