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Anambra, Globim sign MoU for monorail in Onitsha

Tuesday, November 23, 2010

ANAMBRA State government has signed a Memorandum of Understanding (MoU) with an Canada-based company, Globim Corporation, for the finance, design, construction and operation of monorail system in the commercial city of Onitsha.

Governor Peter Obi signed for the state government, while the chairman of Globim, Dr. Jude Igwemezie, signed for the company during a brief ceremony at Government House, Awka.

The project will start with a feasibility study of the city, followed by the actual execution of the project.

Obi said the project would upgrade transport system in the city to meet the demands of the day, in line with the vision of the state government to achieve the Millennium Development Goals, MDGs.

He explained that the monorail system was part of the effort of government to improve infrastructure and social amenities in Onitsha, especially with its new status as one of the five fastest growing cities in the world.

Commissioner for special duties, Mr. Robert Okonkwo whose ministry oversees the project said it was an innovation that would help decongest the city and enhance easy movement.

Okonkwo said the company would not only build the rail, but would also provide other facilities needed for the system including the trains which he explained would be built locally with potentials to provide more than five thousand jobs.

Also speaking, the chairman of the company, Dr. Igwemezie commended Governor Obi for giving his company the opportunity to contribute to the new transport system for the state.

According to him, the first phase of the project would involve a survey to establish viability and engineering feasibility, adding that this would be followed by the execution of the project.

Details of the agreement showed that the company
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