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.
Chinese funding will finance a series of infrastructure projects in Angola. The funding for the projects is being provided by China Credit Line (LCC), with the 15 projects worth a total of US$631 million. Some of the work will be carried out by local contractors while Chinese companies will handle others now that the projects have been awarded by the Angolan Government. One of the largest projects is for the $59.4 million upgrade of a road in Lunda Sul Province, which will be handled by Chinese firm China N
China Railway Construction Corporation's subsidiary, China Railway 15th Bureau Group, has won four bids worth more than a combined US$212.02 million (CNY 1.3 billion). One of the contracts is for the construction of main underground tunnel and road for Zhengdong New Area transport hub. Another contract is for a 40.28km highway reconstruction project in Tibet autonomous region. A third contract is for a 6.01km road project in Qinghai. The remaining contract is for a 22.2km section of a highway in Shandong.
Nigeria’s Federal Executive Council (FEC) has approved reconstruction deals for the five main economic arterial roads worth US$768.43 million (NGN 123.8 billion).
A $92.1 million (NGN 14.99 billion) deal will see Julius Berger carry out the Apapa-Oshodi expressway section 2, phase II reconstruction has also been approved. The project is targeted for completion in 15 months. Kopek Construction has secured a $45.1 million (NGN 7.34 billion) deal to complete the Akure to Ilesha road in 21. Triacta Nigeria
