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E-mail CRI, April 29, 2015
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China Road and Bridge Corporation building the Qingdao Bay Bridge in 2009. The Bridge is now in operation. [Photo/crbc.com] |
A state-owned construction firm has become the first Chinese company to source its large-scale steel needs locally in Africa.
China Road and Bridge Corporation is spending 3.7 million dollars on some 5-thousand tons of steel from Kenyan steel mills for the construction of a local railway.
Chinese construction companies operating overseas generally source their steel from Chinese suppliers.
The Kenyan-sourced steel will be used in the construction of culverts and bridge foundations on the rail project, which will run from the city of Mombasa to the Kenyan capital, Nairobi.
The contract itself is worth close to 40-million US dollars.
It's expected to create some 30-thousand local jobs.
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