China , Nigeria rail contract signed

China , Nigeria rail contract signed

China Railway Construction Corp Ltd has signed a $13.1 billion deal to build a high-speed railway in Nigeria, as China’s pushes to develop fast rail and other infrastructure projects on the continent.
China Railway unit China Civil Engineering Construction Corporation signed the contract with the Nigerian government on Monday, according to a filing to the Hong Kong bourse on Tuesday evening.
Under the contract, the state-backed Chinese company will build a railway with a single track length of 1,385 kilometres (860 miles) and a speed of 120 kilometres per hour.
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