Sarenolia - Global Construction Policies’ Post

NIGER-NIGERIA RAILWAY PROJECT Nigerian President Bola Tinubu announced on Wednesday 14 March that he had allocated $1.3 billion, equivalent to 15% of the railway project to Niger, after ordering the opening of the Niger border. This project, which stopped in 2023 due to financing, was finalised by starting negotiations again in January 2024. The remaining 85% was undertaken by China Railway Construction Corporation. The financing of this organisation will of course be provided by China Eximbank. ■ Comment: This project is transnational and will be operated by the Chinese construction company and its partners for a certain period of time. Although there are uncertainties about this tender, some towns will be renovated by investing in agriculture around the railway and in nearby areas. This railway project involving two nations is extremely important as it will turn into a national value after a certain period of time. This project will be Niger's import and export project to the sea. In Nigeria, it will extend to the harbours by connecting 12 cities. #Sarenolia #Colonialism #ConstructionPolicies #GlobalConstructionPolicies #AfricanUnion #AfricanCommunity #Trade #Import #Export #Politics #Infrastructure #InfrastructureProjects #Diplomacy #Research #Sociology #Antropology #China #PoliticalRelationship #Capital #Investment #ForeignInvestment #Energy #Agriculture #RenewableEnergy #Telecommunications #Construction #Railway #Niger #Nigeria

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