http://businessdayonline.com/2014/05/china-starts-4-billion-first-overseas-electric-railway-in-ethopia/#.U2t4fqjD-70
China starts $4 billion first overseas electric railway in Ethopia
May 8, 2014 | Filed under: China,World | Author: Editor
China on Thursday started laying tracks of first overseas electric railway
from Ethiopia to Djibouti, Yuan Li, General Manager, China Civil
Engineering Construction Corporation, one of the two major constructors
announced this in Beijing on Thursday.
He said the four billion dollars project would stretch 740 kilometres
linking Ethiopian capital Addis Ababa with Djibouti's capital, Djibouti.
He said it was expected to be completed by the end of 2015 and the train
would run at a speed of 120 kilometres per hour, the fastest ever in
Ethiopian railway history.
Yuan said the railway, once in operation, would reduce the travelling time
to seven or eight hours and also cut transportation costs.
He said the railway would follow Chinese standards as tracks, trains and
signal systems are all made in China.
Yuan added that the whole process ranging from design, construction to
supervision would be run by Chinese companies.
This is the second transnational railway to be built by Chinese enterprises
after the landmark Tanzania-Zambia construction in the 1970s.
NAN
Received on Thu May 08 2014 - 08:30:42 EDT