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International Law

: China Briefing Blog

China Announces US$7.5 Billion Rail Investment in Venezuela

By China Briefing

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Aug. 4 - China?s state-owned Railway Engineering has signed a US$7.5 billion agreement with the Venezuelan Railway Authority to design and build a 471 kilometer rail network throughout the country. This is China’s single biggest rail investment project and is also Venezuela?s largest non-oil contract. Railway Engineering is likely to transfer its shares in the project [...]

Full post as published by China Briefing Blog on August 04, 2009 (boomark / email).

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