China Railway Construction Corp. has, through its subsidiary China Civil Engineering Group Co. Ltd., signed an agreement with Nigeria’s transport ministry to build a 1,385-kilometer-long, single-track high-speed railway line with an estimated $13.1 billion price tag.
The project is expected to connect 10 Nigerian states with the capital of Lagos, but its exact route has not been disclosed because of concerns of sabotage by rebels, particularly in the oil-rich Niger delta.