Trade Resources Industry Trends CRCC Signs Deal to Upgrade West Africa Rail Line

CRCC Signs Deal to Upgrade West Africa Rail Line

CRCC Signs Deal to Upgrade West Africa Rail Line

China's leading rail producer, the China Railway Construction Corporation, has signed agreements with the west African countries of Senegal and Mali to renovate a rail line linking the two countries.

The project itself is worth around 2.7 billion U.S. dollars.

It involves upgrading the nearly 13-hundred kilometer long railway.

Around half of it is in Senegal.

The rest is in Mali.

The line itself was built some 80-years ago.

It's expected the upgrade to the line will take around 4-years to complete.

The conclusion of the contract comes on the heels of 3 executives from the CRCC murdered in a hostage-taking in Mali's capital Bamako while negotiating the agreement.

Source: http://english.cri.cn/12394/2015/12/29/4201s910535.htm
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