A Chinese contractor is to build a major expressway link in Nigeria.
March 15, 2012
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A Chinese contractor is to build a major expressway link in Nigeria. The contract is for a 15km section of highway. The work will be handled by 890 China Railway Construction.
A new highway connecting Kenya’s port of Mombasa with Nigeria’s commercial centre and main port of Lagos has been put forward by a special envoy to the African Union. The Kenyan opposition leader, Raila Odinga, was recently appointed to the post of special envoy to the African Union and announced the plan for a new transport connection between Mombasa and Lagos.
This 6,000km route would provide an important economic link between two of Africa’s main ports. Although most of the route between Mombasa and
In China, the news that the construction industry has been waiting for came with an announcement over infrastructure spending. The Chinese Government said it will invest heavily in infrastructure spending, particularly in extending the country’s high speed rail network. The news brought a flurry of trading on the Chinese stock market, seeing share price gains for various major Chinese construction equipment manufacturers including LiuGong, Sany and Shantui.
