According to China’s CCECC, $823 million was used to create 10,000 jobs in Nigeria. The Rail Project in Abuja
According to the China Civil Engineering development Company (CCECC), 10,000 employment were generated during the $823 million Abuja Rail Mass Transit project’s development phase.
This was revealed on Thursday in a statement posted on its official website.
Along with other government representatives, President Bola Tinubu and Minister of the Federal Capital Territory Nyesom Wike reopened the commercial operations of the Abuja Light Rail in May.
A thrilling ride?
The Chinese government’s overseas engineering branch, CCECC, stated that it was thrilled to contribute to easing the suffering of the local population in the project’s referenced area.
It was mentioned that the finished 45-kilometer Lot A1 and Lot 3 light rail, which has a top speed of 100 km/h, connects the Aka Line of the National Railway, the Abuja airport, and other locations with 12 stations.
“This metro rail will significantly reduce local traffic congestion while providing residents with an interesting, cozy, and effective journey. In addition, the CCECC reported that it trained over 3,000
professionals for the community and generated close to 10,000 jobs throughout the construction period.
Initiative for the Belt and Road
China is spearheading the vast infrastructure project known as the Belt and Road Initiative, which aims to extend its creative reach throughout the globe, promoting socio-economic development and broadening its commercial base.
According to data from the official Belt and Road portal, China’s goods exports and imports were 9.95 trillion and 7.55 trillion yuan, respectively, between January and May 2024.
This amounts to a total of 2.46 trillion U.S. dollars.
China’s Belt and Run effort increased its overseas commerce to 3.71 trillion yuan in May alone, an 8.6% growth.
It was discovered that the Export-Import Bank of China provides funding for roughly 85% of diesel multiple unit (DMU) procurement costs and 60% of construction funds.
“The energy-efficient trains are designed to withstand the extreme temperatures, high winds, and sand found in the area.
The design satisfies practical, economical, and comfort requirements while taking into account the local lack of electricity.
It will significantly affect how West African urban rail transit develops in the future,” the Chinese government said.
Additional details According to Nairametrics, President Bola Tinubu recently declared that free rides on the recently opened Abuja Light Rail will remain available until the end of the year.
At the reopening of commercial operations on the Abuja Light Rail, he made this announcement in front of prominent politicians, including Federal Capital Territory Minister Nyesom Wike.
Despite the metro line’s 2018 inauguration, the Minister of the Federal Capital Territory noted in his speech that it remained inoperable because of the absence of necessary access roads.
According to Wike, the project was finished in nine months, and $30 million was paid to the contractors, China Civil Engineering Construction Corporation (CCECC),
thanks to the Central Bank of Nigeria’s assistance, which was facilitated by the Coordinating Minister of the Economy, the Minister of Finance, and the Accountant General of the Federation.
He also disclosed that N21.4 billion was spent on building the access roads.
The Abuja Metro Line features 12 trains with a capacity of at least 700 passengers per, according to Chinedu Elechi, the FCT Mandate Secretary for Transportation. These trains make 14 trips a day.
He continued by saying that Lot 1 and Lot 2 of the metro line would run two trips daily at the same time, with a total capacity of 980,000 people per month within the Federal Capital Territory.
At the time, the project was estimated to be worth $823 million.
1 thought on “China’s CCECC, created 10,000 jobs in Nigeria.”