C’ River, Rinehooke Restate Importance of $350m Railway Project
The ambitious $350 million Grand Litora Railway project that will connect all major cities in Cross River State, achieved another significant milestone with the presentation of the topographical mapping for the first 104 kilometer CalabarUgep route.
The event took place at the Tinapa Free Zone Resort reaffirming the commitment of Cross River State and Rinehooke Ltd to the project’s successful execution.
Governor Bassey Otu, who earlier in the year performed the groundbreaking ceremony for the 365km railway line, highlighted the importance of this project as a unifying infrastructure that will link the southern and northern parts of the state, boosting economic growth and connectivity.
The railway project backed by Rinehooke Ltd, an investment company committed to driving innovation and the development of critical infrastructure, will have its main terminals in Calabar and Obudu, while three sub-stations will be located at Ugep, Ikom and Ogoja.
Speaking on the latest development, Founding Partner/CEO of Rinehooke Investment Ltd, Nelson Elemi, emphasised the railway’s potential to revolutionise tourism and stimulate regional development.
He said: “The Grand Litora Railway represents a bold vision for the future of Cross River State and Nigeria at large. By linking major towns and cities in Cross River, this railway will not only enhance mobility and stimulate trade but also open up our state’s unparalleled tourism potential to the world.”
“From the vibrant Tinapa Free Trade Zone to Obudu, home to the serene ranch and Mountain resort, this project will make Cross River a premier destination for both domestic and
international visitors. We are proud to partner with the state government on this transformative journey and remain committed to ensuring its success.”
The railway, which spans 365km from Calabar to Obudu, is set to be a game-changer for transportation and commerce in the region. Once completed, it will enhance accessibility to key
economic zones and tourist attractions, further solidifying Cross River State’s position as Nigeria’s trade and tourism hub.
The Grand Litora Railway project exemplifies a strategic partnership between Cross River State and Rinehooke Ltd to deliver world-class infrastructure that will unlock the state’s economic potential, attract investments, and promote sustainable tourism development.
