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The Southern Corridor

Along the Southern Corridor, the mines, especially bauxite, are located between 150 and 350 kilometres from the ocean coast, i.e. 3 to 5 times further from the ocean than the mines in the Northern Corridor. Under these conditions, transport costs are too high for the mines in southern Guinea to be profitable. The annual mining potential is estimated at 40 million tonnes for bauxite and 20 million tonnes for iron. The lack of infrastructure is the main obstacle to the development of mining companies in the areas concerned.

 

Only one solution is possible: it is the mutualisation of infrastructures in order to minimise investments and allowing mining companies to export their minerals with a satisfactory OPEX CAPEX and a competitive FOB selling price on the world market.

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MCI has carried out exclusive technical studies for the launch of the project financing, development, operation, maintenance of the infrastructure of the Southern Corridor. These exclusive technical and financial studies were shared with the Guinean authorities in a win-win situation.

 

A contract with ANAIM was signed on 24 May 2021 in Abu Dhabi, allowing MCI to start the process and to be the sole and exclusive operator on the Southern Corridor (port, road, rail) in accordance with the principle of mutualisation.

 

This first agreement also covers the Central Corridor and Central Zone railways, the Central Corridor River route, and the Southern Corridor railway.

  • Lamine Cisse,Director General of ANAIM,

  • Saadou Nimaga, Secretary General of the Guinean Ministry of Mines.

  • Ghassen Knani,Managing Director of MCI

  • Adnen Bouzakher,Deputy Managing Director of MCI  

  • Ali Mohamed Sadiq Al Bloushi,Chairman of Ghantoot Group

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Concession MOU signature between ANAIM and MCI

  • Saadou NIMAGA, Secretary General of the Ministry of Mines and Geology

  • Lamine CISSÉ, Director General of ANAIM

  • Ibrahima DIALLO, Legal Advisor of ANAIM

  • Adama KEITA, Internal Auditor of ANAIM

  • Ahmed Salim HALABY, Legal Advisor of the Ministry of Transport

  • Cheick Mohamed FOFANA, Director General of the Strategy and Development Department of the Ministry of Transport

  • Mamadouba SYLLA, Secretary General of the Ministry of Budget

  • Bouna SYLLA, Economic and Fiscal Advisor of the Ministry of Mines and Geology

  • Laye KANDÉ, Deputy Director of the Legal Affairs Directorate of the Ministry of Mines and Geology

  • Mamadou Saidou Bimbiriko BARRY, Deputy Director General of the National Service for the Coordination of Mining Projects

  • Mohamed Baba SYLLA, Deputy Director General of the Centre de Promotion et de Développement Minier 

Infrastructure concession negotiation - Dubai August 2021​

1s N1

  • Signature of a memorandum of understanding with ANAIM on the management of the port of Kontathe road and the railway on the Southern and Central Corridor

  • Start of the preliminary study phases

2s N1

  • Negotiation of the Southern Corridor concession agreement

  • Signature of the concession agreement for the Southern Corridor

  • Start of studies for the 420 km railway line

  • Start of studies for the port’s infrastructure

  • Start of the modernisation of the facilities at the port of Konta

N2

  • Construction of a service quay annex at the port of Konta

  • Rehabilitation of ANAIM facilities in the port of Konta

  • Channel dredging

  • Start of phase 1 of the Konta port extension

  • Installation of the channel's maritime signs

  • Asphalting of the central Konta-Bokaria road

  • Creation of a connection road to the central road

  • Validation of the preliminary design of the railway

  • Launch of environmental and social impact studies

  • Launch of compensation work for the population affected by phase 1 of the railway

  • Technical execution study of the railway

N4

  • Compensation for occupants of the concession area

  • Start of construction work on phase 1 of the 140 km railway (subject to ratification of the convention by the National Assembly)

  • Construction starts on phase 2 of the extension of the port of Konta

  • Construction and commissioning of the first multi-service terminal

N5

  • Construction of phase 3 of the extension of the port of Konta

  • Construction and commissioning of the 2nd multi-service terminal

N6/N7

  • Commissioning of Phase 1 of the railway

  • Start of work on 240 km of Phase 2 of the railway

  • Port extensions

N8/N9/N10

  • Construction and commissioning of the 3rd multi-service terminal

  • Commissioning of phase 2 of the railway

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