. Medical and Hospital News .




TRADE WARS
SLeone, China sign $8 billion in infrastructure deals
by Staff Writers
Freetown (AFP) July 05, 2013


Sierra Leone's President Ernest Koroma said on Friday that he had signed deals for a new international airport, a railway and raft of other huge construction projects totalling $8 billion during a recent visit to China.

Koroma, who returned from the week-long trip on Wednesday, said the business included a $1.7 billion deal with the Kingho Energy Group to build a port, mine, power plant and 250-kilometre (155-mile) railway.

He said he had also finalised a $300 million deal with the Chinese Railway International Company to build a new international airport 60 kilometres (40 miles) from the capital Freetown.

Sierra Leone's only international airport is based in Lungi, eight miles across a river to the north of downtown Freetown, a former British airbase during the first and second world wars which became a commercial airport.

Visitors have to choose between a four hour road journey to the capital, a crossing in an aged ferry or a faster water taxi. Helicopter transfers stopped in 2011, four years after 22 people, including the Togolese sports minister, died as their chopper crashed and burst into flames.

"I am happy to say that the Chinese have made a very serious commitment to support us in our development programmes," said Koroma, who met Chinese President Xi Jinping during the visit.

"We committed both countries to increasing cooperation and mutual support in meeting the common aspirations of peace, development and reform of the United Nations and Sierra Leone's support for the 'One China' policy," he added.

Sierra Leone remains one of the world's poorest countries after a brutal 11-year civil war which ended in 2002, but its mineral riches -- which include diamond, gold, bauxite, titanium ore and magnetite iron-ore -- have attracted massive investments.

The railway from the northern mining district of Tonkolili to the southern coastal town of Sulima will be the second in Sierra Leone funded by China.

Iron ore miner African Minerals owns a 120-km line built by another Chinese firm which transports raw ore to a specially constructed port in the north of the country for export.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review

Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

Get Our Free Newsletters
Space - Defense - Environment - Energy - Solar - Nuclear

...





TRADE WARS
Pakistan PM talks business on China visit
Beijing (AFP) July 04, 2013
Pakistan Prime Minister Nawaz Sharif started his first foreign visit since his May election in China Thursday looking to secure infrastructure projects to tackle a chronic energy crisis and economic malaise. Since his victory at the polls, Sharif has sought to strengthen economic ties with close ally Beijing as he bids to tackle weak growth, inflation and power cuts of up to 20 hours a day. ... read more


TRADE WARS
Man who battled Fukushima disaster dies of cancer

Fukushima radioactive groundwater readings rocket

REACTing to a crisis

RESCUE Consortium Demonstrates Technologies for First Responders

TRADE WARS
India launches satellite for new navigation system

Beidou's second trial held in Yangtze Delta

The next batch of Galileo satellites

Raytheon's latest air traffic management systems go into continuous operation

TRADE WARS
Scientists link ancient remains with living Canadian woman

Amputee creates LEGO prosthetic

Altitude sickness may hinder ethnic integration in the world's highest places

What Is the Fastest Articulated Motion a Human Can Execute?

TRADE WARS
Philippines finds huge hoard of endangered species

X-rays reveal the energy-storing secrets of bat flight

Surviving fasting in the cold

Forensic Biologist Discovers New Fly Species in Indiana

TRADE WARS
H1N1 flu outbreak in northern Chile kills 11

HRW calls on Greece to repeal 'abusive' HIV regulation

H7N9 flu peril lies in deep lung infiltration: study

New research boosts search for cure, AIDS meeting told

TRADE WARS
China driver held after bumper payout from 334 crashes

US releases photos of ambassador's Tibet visit

Taiwan urged to keep radio broadcasts into China

China law 'forcing' children to visit parents ridiculed

TRADE WARS
Mexican generals freed after cartel charges dropped

Mexicans turn to social media to report on drug war

Sydney customs officers ran drugs ring, report says

New Moldova P.M. Leanca says country remains on pro-EU course

TRADE WARS
Outside View: U.S. jobs growth picks up but policy reforms needed

Walker's World: Euro crisis returns

Outside View: How to make taxes fairer and abolish the IRS

Salesmen march against H.K. property cooling measures




The content herein, unless otherwise known to be public domain, are Copyright 1995-2012 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement