Strategic development & economic impact of CTG's railway and ports infrastructure

The Republic of Guinea is set to undergo a transformative shift in its economic landscape with the ambitious development of railway and port infrastructure by CTG. As the demand for minerals and global trade continues to rise, the expansion plan led by CTG aims to increase capacity to 120-160 million tonnes per year, representing a significant leap in logistical capabilities for the region. The infrastructure development revolves around one railway and one port, both owned by CTG, the company of Transguinan. Bouna Sylla, Minister of Mines & Geology in Guinea, highlighted the importance of these key assets in providing services for the mines. The double track railway from Kirwani to the port is designed to cater not only to the current mine but also to all mines along the corridor in the future. Sylla emphasized the phased approach of the project, with the first phase targeting 120 million tonnes and the subsequent phase aiming for 160 million tonnes per year. Looking ahead, plans include further expansion to potentially reach 200 million tonnes annually, leveraging additional iron ore projects located in the region. Moreover, the government of Guinea is dedicated to upholding Environmental, Social, and Governance (ESG) standards throughout the development process. Sylla discussed negotiations with international companies like Rio Tinto, known for their robust ESG policies, to align the project with IFC standards for environmental protection and biodiversity conservation. In terms of ESG practices, Sylla emphasized the importance of preserving biodiversity along the corridor and working closely with host communities to ensure a mutually beneficial relationship. Through collaboration with stakeholders and adherence to international standards, the project aims to minimize environmental impacts and enhance sustainability. With a target completion date at the end of 2025, the government's commitment to the project's success is unwavering. A strategic committee led by Minister Jiba Jakite, along with key ministers and administrations, is dedicated to ensuring timely delivery of all commitments. The project's progress since 2022 has garnered significant traction, reflecting the growing momentum towards realizing the vision of a modernized railway and port infrastructure in Guinea. As Guinea's economic landscape undergoes a period of significant transformation, CTG's bold initiatives in railway and port development are poised to reshape the region's logistical capabilities and drive economic growth. The collaborative efforts between the government, private sector, and international partners signal a new era of sustainable development and strategic investments in Guinea's mining sector.