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China and foreign relations
Nigeria and China railway deal: $8.3 billionPosted 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. |
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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.
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.
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.
finally some real innovative agreemant... all i hope for is that a maintenance system be put in place.
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.
All the better to transport Africa's minerals rapidly to China at a bargain price no doubt...
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
If a number of African countries turn to China for contracts, they have good reasons to do so. China didn't enrol the African citizens during the two world wars and now that those African countries need Europe's contributions to develop their economies, these European countries say : "Go home ! We are experiencing our own difficulties ! Enough of you ! etc."