GE to invest in Nigeria rail networks

News-in-print by WCN Editorial

Boston (US)-based General Electric is close to signing a concession agreement with the Nigerian government that would entail the industrial conglomerate investing up to US$2B in Nigeria’s rail system. The move would involve GE buying new rolling stock, and likely taking management control of some of the nation’s rail lines, including the Port Harcourt-Maiduguri Line.

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Civil Engineering Multimodal Rail General Electric Railroads/Rail Operators Railways/rail operators

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