In the past few years, Chinese railway construction companies have - TopicsExpress



          

In the past few years, Chinese railway construction companies have achieved great business successes in Africa. At the top of a long list, in August 2014, China Railway 20 Bureau Group Corporation (CR20) completed the $1.83 billion reconstruction of the Benguela railway that connects Angola, Zambia and southeastern Democratic Republic of Congo. Meanwhile, China Civil Engineering Construction Corporation (CCECC) has been building the $4 billion, 740-km electric railway that connects Addis Ababa and Djibouti, as well as the $5.6 billion Chad railway network since 2012. CCECC also secured the $13 billion coastal railway project with the Nigerian Ministry of Transportation in May 2014. CRBC’s success in nailing down the East Africa railway is the latest, but likely not the last success of the Chinese railway construction contractors’ African expedition.
Posted on: Sat, 27 Sep 2014 20:46:37 +0000

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