Belinga iron-ore development, Gabon
Name of the project and location
Belinga iron-ore development, Gabon.
Project description
A consortium led by State-owned China National Machine & Equipment Import & Export (CMEC) has been chosen by the government of Gabon to develop the Beling iron-ore deposit in the north-east of Gabon. Included in the project will be the construction of a 560-km-long railway, a bulk commodities and container port, and two hydroelectric power plants.
Discovered in 1895, the Belinga iron-ore deposit is one of the largest untapped iron deposits in the world. The Belinga deposit is reported to have proven iron-ore reserves of more than 500-million tons.
Value
$3-billion.
Duration
Work on the project is expected to start this year and be completed in three years.
Breakdown of main contracts
Not stated.
Client
Government of Gabon.
Latest developments
Not stated.
Participants
CMEC consortium including the State-owned Export-Import Bank of China.
On budget and on time?
Not stated.
Contact details for project information
CMEC, tel +86 10 634 51188, fax +86 10 632 61865 or email cmec@mail.cmec.com .
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