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China’s CRCC Secures $3.02b Contract To Build Nigerian Eastern Railway Corridor, Spanning PH To Maiduguri
China Railway Construction Corporation (CRCC) secures $3.02 billion contract to build Nigerian Eastern Railway Corridor.
Eastern Railway Corridor spans Port Harcourt to the northern city of Maiduguri.
The Federal Ministry of Transportation has signed a contract worth $3.02 billion for the development of the Nigerian Eastern Railway Corridor with China Railway Construction Corporation (CRCC), a subsidiary China Civil Engineering Construction Corporation (CCECC).
The contract will focus on the reconstruction and rehabilitation of the railway network spanning from Port Harcourt to the northern city of Maiduguri.
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The Eastern Railway Corridor will pass through 12 states, connecting several important cities in the eastern region.
Apart from the development work on the current eastern railway, the project will also involve the construction of additional branch tracks.
Once completed, the renewed railway network will be interconnected with standard gauge railways, along with connections to ports and key cities.
With five horizontal and three vertical railways, the proposed Nigerian railway network is set to facilitate industrial development and commercial activities.
The CRCC stated that the project will expedite Nigeria’s industrialisation and urbanisation process by encouraging the development and employment of resources along the network.