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Chinese Contractor Signs $2.2 Billion Deal to Build Next Stage of Tanzania’s Standard Gauge Railway

Source: @SuluhuSamia Twitter Account

The Tanzanian government and an unspecified Chinese contractor signed a $2.2 billion contract on Tuesday to build a 2,561km rail line from Dar es Salaam to the Lake Victoria city of Mwanza.

It’s important to note that even though Chinese contractors will build this extension of Tanzania’s Standard Gauge Railway (SGR), the Chinese government is not providing any of the financing. So far, Tanzania has spent $10.4 billion on its new SGR. (AGENCE FRANCE PRESSE)

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