ALGERIAN CONTRACTS
Posted on 03 July 2009 by Railways Africa Editor
A consortium comprising China Civil Engineering Construction Corporation (CCECC) and Turkish partner Ozgun Construction has been awarded a railway contract worth more than $US 3 billion by the Algerian government. They are to carry out two major projects. CCECC is to have an 84% share of the $2.4 billion, four year upgrading and electrifying of the 175km Thénia-Bourdj-Bou-Arreridj section of the Algiers-Constantine line. A three-year project to build a 55km line from El Afroun, east of Algiers, to Khemis Miliana is worth $606 million.
It is reported that CCECC, a subsidiary of China Railway Construction Corporation, achieved revenues of $32.1 billion in 2008, 27% up from 2007.
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