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Nigeria signs 875 mln dlr railway deal with China
Abuja (AFP) Oct 26, 2009 Nigeria on Monday signed a deal worth almost a billion dollars with a state-owned Chinese engineering firm to resuscitate part of its dilapidated railway system, the transport minister said. The 875-million-dollar (588-million-euro) contract was signed by Transport Minister Ibrahim Isa Bio and the managing director of the China Civil Engineering Construction Corporation (CCECC), Zhou Tianxiang, in Abuja. The deal constitutes the first phase of the country's railway modernisation plans. As part of it, a railway track will be rebuilt between the administrative capital Abuja and the northern city of Kaduna -- a distance of roughly 200 kilometres (125 miles) -- over the next three years. The Chinese government has granted Nigeria a concessionary loan of 500 million dollars for the project. There are also plans to reconstruct a 1,315-kilometre track between Lagos, Nigeria's commercial hub in the southwest and the northern city of Kano. Once the pride of the nation, Nigeria's railways have, like much of the rest of the country's infrastructure, crumbled over the years. Nigeria has a network of thousands of kilometres (miles) of narrow-gauge single track lines, covering nine of the country's 36 states. Most of its locomotives broke down long ago. The only passenger service still operating in the country takes two hours to link central Lagos with Ijoko, a small commuter town less than 30 kilometres (20 miles) away. Share This Article With Planet Earth
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Russia, China to sign deals on missiles, high-speed trainsMoscow (AFP) Oct 11, 2009 Moscow and Beijing will sign a range of agreements when Russian Prime Minister Vladimir Putin visits China this week, including one on missile launches, the Russian government said Sunday. "More than 10 documents are being prepared for signing, including ... an intergovernmental agreement on notification of the launches of ballistic missiles," the Russian government said in a statement. ... read more |
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