.
China’s CCECC secures $3.02 billion Nigerian Eastern Railway contract
RailwayTechnology.Com
29 Apr 2021
China Railway Construction Corporation (CRCC) subsidiary China Civil Engineering Construction Corporation (CCECC) has signed a contract with Nigeria’s Federal Ministry of Transportation for the development of the Nigerian Eastern Railway Corridor.https://www.railway-technology.com/news/ccecc-nigerian-eastern-railway-contract/
The value of the contract stands at around $3.02 billion.
The scope of the contract includes the reconstruction and rehabilitation of the railway network spanning from Port Harcourt to the northern city of Maiduguri.
This eastern railway network, which passes through 12 states, connects several important cities in the eastern region.
Apart from the development work on the current eastern railway, the project will also involve the construction of additional branch tracks.
Once completed, the renewed railway network will be interconnected with standard gauge railways, along with connections to ports and key cities [like Lagos].
With five horizontal and three vertical railways, the proposed Nigerian railway network is set to facilitate industrial development and commercial activities.
The CRCC stated that the project will expedite Nigeria’s industrialisation and urbanisation process by encouraging the development and employment of resources along the network.
source http://www.nairaland.com/6561493/chinas-ccecc-secures-3.02-billion
No comments:
Post a Comment