China Railway in US$ 683 million Nigeria deal

Chinese state-owned contractor China Railway Construction Corporation (CRCC) has won a CNY 4.3 billion (US$ 683 million) contract in Nigeria to construct five passenger airport terminals and six cargo terminals.

China Civil Engineering Construction Corporation, a subsidiary of the company, was awarded the contract by the Nigerian Federal Ministry of Aviation. The new passenger and cargo terminals will be located in the Nigerian cities of Abuja, Lagos, Kano, Port Harcourt and Enugu, while an extra cargo terminal will be built in Asaba.

CRCC said construction was scheduled to take 18 months.