Kingho & GoSL Sign Railway & Port Lease Agreement. –

Kingho & GoSL Sign Railway & Port Lease Agreement.
Freetown, Sierra Leone, Friday 8th January 2020: Management of Kingho Investment Company Limited have on Friday joined officials of the mining and minerals sector of Sierra Leone to sign the railway and port lease agreement that will ensure the company’s subsidiary- Kingho Railway and Port Company Limited utilize the infrastructure for their iron ore transportation in the country. It should be noted that the Railway and Port is now the asset of the Government and the People of Sierra Leone.
The 192 kilometer railway facility which stretches from the new Iron Ore mines in Tonkolili District to the port town of Pepel in Port Loko District is owned by the Government of Sierra Leone (GoSL). In order to enhance effective transportation of the iron ore from the mining site in Tonkolili to be transported out of the country, Kingho has to lease the railway and port facilities from the GoSL.

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