China Railway Construction has secured a $1.85bn contract to build a light railway line in the state of Kano, Nigeria.
The contract — awarded by the Ministry of Works, Housing & Transport — will involve the construction of about 74.3km of rail lines, which will have the capacity to carry trains travelling at a top speed of 100km per hour.
The company did not disclose details regarding when the project is expected to commence, but said that phase one and two of the project are expected to last for two years each.
"This award is subject to the fulfilment of all conditions spelled out in the letter of intent from the financing bank and the final approval by the presidency of Nigeria," said China Railway Construction in a statement issued to the Hong Kong stock exchange.
* Data provided by Timetric's Construction Intelligence Center.