Business
Nigeria awards $1.79 bln railway contract to Chinese state firm CCECC
Nigeria has awarded a $1.79 billion contract to a Chinese firm for work on the second phase of Abuja’s mass transit railway, minister said.
The three-year management contract is the latest in a series of infrastructure projects won by China Civil Engineering Construction Corp (CCECC) in Nigeria.
Muhammad Bello, minister of the federal capital territory, also said that the contract would be funded by the Export-Import Bank of China. The minister did not say when work would begin. CCECC had also worked on the first phase of the project.
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