CHINA TO BUILD VENEZUELAN RAILWAY
Posted on 27 August 2009 by Station Master
China Railway Group Limited has won a $US7.5 billion railway construction contract from the national railway department of Venezuela. The company is to construct a 471.5km double-track electrified line traversing Cojedes, Guarico, Aragua, and Anzoategui. It is to be capable of carrying 5.8 million passengers and 9.8 million tons of freight annually. The project is predicted to create 1,000 jobs directly and 5,400 indirectly in Venezuela.
The work is expected to take 40 months, and be completed in 2012. The designed maximum speed is to be 220km/h.
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