LINE

    Text:AAAPrint
    Economy

    Chinese company to complete cross-Kenya railway

    1
    2015-12-09 08:50China Daily Editor: Wang Fan
    A train runs on the Hefei-Fuzhou high-speed rail, dubbed as China's most beautiful rail route. (Shi Jiamin/China Daily)

    A train runs on the Hefei-Fuzhou high-speed rail, dubbed as China's most beautiful rail route. (Shi Jiamin/China Daily)

    A major Chinese company has won contracts to complete a rail link running across Kenya-a major project expected to boost connections in East Africa.

    China Communications Construction Co has signed a framework agreement with the Kenyan government to build two more sections of the Mombasa-Malaba Standard Gauge Railway.

    In September, the company won a contract worth $1.48 billion to extend the Mombasa-Nairobi line by 120 kilometers to Naivasha, a stop between Nairobi, the capital, and Malaba.

    Earlier this month, it signed a framework deal to build the remaining section linking Naivasha and Malaba. The cost of this project has not been announced.

    The company's subsidiary, China Road and Bridge Corp, is building a railway connecting Mombasa with Nairobi at a cost of $3.8 billion, which is scheduled for completion in 2017.

    The 960-km Mombasa-Malaba railway is expected to significantly boost economic growth, regional integration and industrialization.

    The latest contract for the Nairobi-Malaba railway went to the Chinese company after President Xi Jinping announced aid and loans worth $60 billion for Africa to help the continent address its top three problems-infrastructure, talent and funding.

    Liu Qitao, chairman of China Communications Construction Co, said it secured contracts worth $5 billion and loans for them during the Forum on China-Africa Cooperation Summit in Johannesburg last week.

    The projects include railway and hydropower stations. Liu said the company is still seeking finance for contracts worth another $5 billion.

    When completed, the Nairobi-Malaba railway will be linked to others in Uganda, Tanzania, Rwanda, Burundi and South Sudan, forming an East African network, the company said.

    The Nairobi-Malaba section will improve transportation in northern Kenya and reduce the cost of cross-border travel, it said.

    Inland countries in East Africa currently transport imported goods from Mombasa mainly by road.

    The company said in a statement: "The link will promote employment in Kenya and also regional economic development, making Kenya more influential politically and economically in East Africa.

    "It will also improve interaction and interworking in East Africa and speed up its integration process."

    Up to 30,000 local workers are expected to be employed on construction of the Mombasa-Nairobi section and 5,000 Kenyan workers will be trained in railway-related skills.

    CRBC has promised to buy materials, machinery and services needed for the project locally if they are available.

    The railway will use Chinese equipment and technical standards.

    "The project will further promote industrial cooperation between China and Kenya," the company said.

      

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 长沙市| 灵寿县| 邮箱| 闵行区| 普兰店市| 延庆县| 团风县| 子长县| 塔河县| 泸州市| 古丈县| 澄城县| 湟中县| 八宿县| 会东县| 永顺县| 新泰市| 嘉善县| 佳木斯市| 饶阳县| 镇坪县| 修武县| 宣城市| 多伦县| 罗平县| 公安县| 清水河县| 喜德县| 金坛市| 云安县| 汝阳县| 呼图壁县| 赤城县| 崇仁县| 西藏| 探索| 庐江县| 淄博市| 巩义市| 株洲市| 驻马店市|