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On April 8, 2022, the Gabonese government signed a partnership contract with Inpax, a subsidiary of the RISE Gabon Investment Fund, as part of the Komo-Ogooue Railway (Kor) project for the construction of a new railway line.
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This new railway line, linked to major iron ore mining projects in the Ogooué-Ivindo province, is one of the priorities of the Transformation Acceleration Plan (PAT). It should enable the development of the second railway line linking Owendo station to Booué station via Ndjolé in 2022, with the potential to ultimately double the flow of traffic on the country's rail network. In addition to the IDB and FGIS, Rise Gabon also includes Inpax Africa.
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The construction of the second railway line linking Owendo station to Booué station via Ndjolé, as part of the Komo-Ogooue Railway (Kor) project, covers a length of approximately 340 kilometers. Inpax will carry out and finance, over a period of 30 months, the studies relating to the technical, economic, environmental and social, legal and financial aspects necessary for the establishment of a new railway concession. Its main focus will be the transport of iron ore and industrial wood production. This project aims to strengthen the rail transport offer, in a context of a sharp increase in wood production and the start of new iron ore mining projects such as Baniaka located 60 kilometers from Franceville.
The current railway line, known as the Transgabonaise, can transport 12 million tons per year. According to forecasts, this line should be able to transport 19 million tons by 2028. Faced with new production sectors, increasing rail freight capacity appears essential. Once built, this new line will be added to the Transgabonais, the country's only railway. 710 kilometers long, including 648 kilometers of main line between the port of Owendo and Franceville, this line, used for passenger and freight transport, is managed by the Transgabonais Operating Company (Setrag).
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