China and foreign relations

Nigeria and China railway deal: $8.3 billion

Posted by Jeremy Goldkorn, November 4, 2006 4:15 PM

According to China's Ministry of Commerce, China and Nigeria signed an 8.3 billion US dollar railway construction contract. China will build 1315 kilometers of railroad in the west African state; this is the biggest infrastucture project abroad for a Chinese company to date.

There are currently 7 Comments for Nigeria and China railway deal: $8.3 billion.

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Comments on Nigeria and China railway deal: $8.3 billion

they had better make sure that they heed Mahathir's call and sign the contract in EURO dollars.

Posted by: mahathir_fan | November 4, 2006 6:54 PM

This is wonderful news for Nigeria and its citizens and hope this would be the begining of more improvement on the nation's infastructure which needs major investment on all fronts.

Posted by: David | November 6, 2006 5:06 PM

This is definitely good news. I hope China will also be interested in technology transfer. This will help in building local manpower. This is because infrastructure building without maintenance is bad.

Posted by: Steve | November 19, 2006 10:04 PM

finally some real innovative agreemant... all i hope for is that a maintenance system be put in place.

Posted by: Anon | November 24, 2006 11:01 AM

I hope the chinese will be willing to employ alot of nigerian professionals in the relevant field, both in the diaspora and locally. Especially from London where a lot of us have gained valuable experience from working on the oldest railway system.

Posted by: Derek | January 15, 2007 6:33 PM

All the better to transport Africa's minerals rapidly to China at a bargain price no doubt...

Posted by: Hmm | January 16, 2007 8:47 AM

The Nigerian Governtment and its people should be cautious about the chinese, lessons should be learnt from experiences between the chinese and some European companies

Posted by: David | May 23, 2007 9:59 PM