Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Investment

Contract value of China's infrastructure construction in Africa soars

September 26, 2021


Abstract : The contract value of newly-signed China infrastructure construction projects in Africa came in at 67.9 billion U.S. dollars in 2020, up 21.4 percent year on year, said the China-Africa Economic and Trade Relationship Annual Report (2021) released Saturday.

CHANGSHA, Sept. 25 (Xinhua) -- The contract value of newly-signed China infrastructure construction projects in Africa came in at 67.9 billion U.S. dollars in 2020, up 21.4 percent year on year, said the China-Africa Economic and Trade Relationship Annual Report (2021) released Saturday.

The report came ahead of the Second China-Africa Economic and Trade Expo scheduled in Changsha, capital of central China's Hunan Province, from Sept. 26 to 29.

Transportation construction, general infrastructure, and power projects are the key sectors in which China participates in infrastructure cooperation in Africa, with the turnover accounting for 68.7 percent and the newly-signed contract amount accounting for 71.9 percent in 2020.

Infrastructure construction is one of China's fortes in China-Africa economic and trade cooperation. It is an important means for improving Africa's investment environment, social development, and people's livelihoods. Enditem

Scan the QR code and push it to your mobile phone

Keyword: China-Africa infrastructure construction

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial