N'DJAMENA, March 14 Chad has agreed a $7.5
billion contract with China Civil Engineering Construction
Corporation (CCECC) to build 1,344 kilometres of railway in the
oil-producing central African state.
"We shall soon be discussing the mode of payment. All
options remain open -- crude oil, minerals or cash,"
infrastucture minister Adoum Younousmi said at a signing
ceremony on Monday.
CCECC president Yuan Li said the first phase would consist
of two short stretches linking the eastern town of Abeche to the
Sudanese border, and the southern town of Moundou to Cameroon.
A second phase would link those two towns via the capital,
"We are confident in our capacities," said Yuan. The first
phase was due to start in 2012 and take four years to complete.