- Reuters•2 months ago
China's state-owned railway construction firm has been awarded a $1.85 billion contract to build a light railway line in the northern Nigerian state of Kano, it said on Monday. Growth in Nigeria - an OPEC member whose economy, the largest in Africa, has been hammered by low oil prices - has been stunted for decades by a lack of investment in the road and rail network. Development efforts have also been hampered by Islamist militant group Boko Haram, which has carried out bomb attacks on targets in northern Nigeria, including Kano state, during its seven-year insurgency.
- Reuters•10 months ago
Mali has signed an agreement with China Railway Construction Corp to renovate a rail line linking its capital Bamako to the border with neighbouring Senegal at a cost of $1.486 billion, the West African nation's transport minister said on Saturday. The project is part of a plan to upgrade the ageing, 1,200-km (745-mile) railway between Senegal's coastal capital Dakar and landlocked Mali. China Railway Construction penned a similar agreement worth $1.26 billion with Senegal on Thursday.
China Railway Construction Corporation Limited (1186.HK)
HKSE - HKSE Delayed Price. Currency in HKD
|Day's Range||9.68 - 9.89|
|52wk Range||6.72 - 12.28|
|1y Target Est||N/A|
|P/E Ratio (ttm)||8.49|
|Avg Vol (3m)||11,641,872|
|Dividend & Yield||N/A (N/A)|