The Minister of Transportation, Chibuike Amaechi disclosed this when he briefed State House correspondents after the Federal Executive Council.
The Minister revealed that the Council approved the construction of a new deep seaport in Bonny, under Private-Public- Partnership programme and the construction of a railway Industrial park in Port Harcourt.
He said the railway line will be at the cost of over three billion dollars while the industrial park, which is under PPP, at no cost to federal government, will cost over two hundred and forty one million dollars.
The minister also disclosed that the Bonny deep seaport will cost over fur hundred and sixty one million dollars at no cost to the federal government.
