Mali Signs $1.5 B Rail Deal With China Railway Construction Corp

Mali has signed an agreement with China Railway Construction Corp to renovate a rail line linking its capital Bamako to the border with neighbouring Senegal. The rail will cost nearly 2 billion U.S. dollars.The project is part of a plan to upgrade the ageing, 1-Thousand, 2-Hundred kilometer railway between Senegal's coastal capital Dakar and landlocked Mali. China Railway Construction also penned a similar agreement worth $1.26 billion with Senegal on Thursday. The work on the Malian section of the project will include upgrading 644 km of rail lines and renovating 22 railway stations