Shuang also disclosed that the CCECC has signed investment agreements with 84 firms, adding that it was contributing $325m in exports to the nation’s economy while creating output value totalling $326m.
According to him, since entering the Nigerian market in 1981, CCECC has actively deployed resources and business strength in providing Nigeria with high-quality services relating to infrastructure construction. “Our total investment is expected to exceed $2bn and we are creating more than 20,000 jobs; paying a total of $46.67m taxes, fees and contributing $325m in exports to Nigeria. We have attracted a total of $420m in foreign direct investment,” Shuang disclosed.
Onunaiju, an expert on China development and public policy analyst, stated that the control of the railway by states would integrate regional markets to the national market and accelerate economic development.
Where is the investment?
Nigeria is a joke
Chinese government never strikes deal with a wise government. They always look for countries who are eager so they can cheat them. African countries are fertile grounds for China.
That's to complement the $2.5b loan just recently approved to Nigerian Government. Una think say we no know as e dey go ni?
OMG, please dont tell me this is the technology we are still using to lay train tracks?
Were is the location of this project
They investing on their property na.
hayodejigcfr In exchange for ?!!
See the railway track as e be sef...
All Na lie .
Esha ma paro fun wa Mr punch Werey ni gbogbo yin😤
How many land we don promise this people because I no understand again? 😀😀
Please start hiring Nigerians na