GE confirms interest in $2 billion Nigeria railway concession

October 10, 2016 7:10 PM

4 0

GE confirms interest in $2 billion Nigeria railway concession

LAGOS General Electric (GE) (GE.N) confirmed its a "keen interest" in acquiring a Nigeria railway concession project worth around $2 billion, the U.S. company said on Monday.

Nigerian President Muhammadu Buhari said this month that GE would be investing $2.2 billion in a concession to revamp, provide rolling stock, and manage some of the country's railways.

Also read: KKR buys smart meter financing firm Calvin Capital

Read more

To category page

Loading...