Largest railway project by Chinese company in Latin America to promote Argentina’s post-pandemic recovery Source: Global Times Published: 2020/12/12 16:53:40
Photo: Courtesy of CRCCChina Railway Construction Corporation (CRCC) and the Ministry of Transport of Argentina on Friday signed a contract worth $2.6 billion to improve General San Martin Cargo Railway, the largest railway project signed by a Chinese company in Latin America. The project is expected to provide impetus for economic recovery for Argentina in the post-pandemic era.
The Argentine government on Friday signed four railway cooperation contracts with three Chinese companies to a total worth of nearly $4.7 billion, which will create 28,000 jobs, benefiting 13 provinces around the country, according to Xinhua News Agency.