SWFI First Read, December 29, 2015
China Railway Construction Corporation Lands Key Contracts in Senegal and Mali
China Railway Construction Corporation Ltd. recently inked a railway contract worth US$ 1.26 billion to the Senegal government. The company then signed an agreement with Mali to refurbish a rail line connecting Bamako to the Senegal border for US$ 1.486 billion. The deal in Mali also includes a redo of 22 train stations. The project in Mali is expected to last 4 years and will be funded by debt financing at an interest rate of 2% or lower over a 30-year period.
Chinese Banking Regulator to Crackdown on P2P Lending Over Fraud Potential
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