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Business News Mon, 7 Aug 2006

Kufuor Seals Railway Deal

As part of his business tour of the United States of America, President J. A. Kufuor has struck a deal in Washington DC with the Ministry of Ports and Railways signing an MoU with SNC Lavali, a Canadian railway firm.

The memorandum will provide SNC Lavali with the right to commence prospects of rehabilitating rail lines in the bauxite mining areas. The Minister for Harbours and Railways and the President of SNC Lavali, Mr Marre signed the MoU.

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The signing ceremony was witnessed by President Kufuor, Dr Paa Kwasi Nduom, Minister for Public Sector Reforms, Nana Akufo Addo, Foreign Minister, Kwamena Bartels, Information and National Orientation, Minister, and other high level government officials.

Source: Graphic
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