Latest news with #CCECC
Business Insider
22-05-2025
- Business
- Business Insider
East Africa's longest bridge nears launch as Tanzania wraps $260 million project
Spanning 3.2 kilometers across Lake Victoria, the bridge will officially open to traffic on June 19, 2025, with Tanzanian President, Samia Suluhu Hassan expected to lead the inauguration, Prime Minister Kassim Majaliwa announced during a tour of the site. The Minister for Works, Abdallah Ulega, hailed the project as a flagship achievement of the Sixth Phase Government, emphasizing its strategic importance for national development. ' The JP Magufuli Bridge stands as a powerful symbol of our country's capacity to mobilize domestic resources for transformative infrastructure, ' Ulega stated. ' It will ease travel between Kigongo and Busisi, reduce dependence on ferry transport, and unlock the vast economic potential of the Lake Zone.' The bridge replaces a long-standing reliance on ferries, which often required up to three hours to cross the lake due to boarding delays and safety risks. Its completion is expected to significantly reduce travel time, improve safety, and enhance the movement of goods and people across the region. Named in honor of the late President John Magufuli, the project symbolizes both his infrastructural legacy and Tanzania's long-term commitment to regional development. The John Magufuli Bridge In 2019, the government of Tanzania, under former President John Magufuli, contracted a consortium of two Chinese state-owned engineering and construction companies to design and build this transport infrastructure project. The two firms are China Civil Engineering Construction Corporation (CCECC) and China Railway 15th Bureau (CR15B) but the construction was delayed due to the COVID-19 pandemic. The bridge was earlier named the Kigongo-Busisi Bridge, but was later renamed in honor of former President Magufuli, who launched the project before his death in 2021. Funded entirely with over TZS 700 billion in domestic resources, the project is one of Tanzania's most ambitious infrastructure achievements to date, according to The Citizen. It connects the towns of Kigongo and Busisi and forms a crucial link in a broader 90-kilometre highway network connecting Usagara, Sengerema, and Geita—an area rich in economic activity, particularly mining.
The Star
21-05-2025
- Business
- The Star
Malawian president hails Chinese contractor for "outstanding" project
LILONGWE, May 21 (Xinhua) -- China Civil Engineering Construction Corporation (CCECC) has been recognized by the government of Malawi for an "outstanding" road project in the southeastern African country. Malawian President Lazarus Chakwera awarded the contractor a trophy on Tuesday during the commemoration of National Construction Day held in the national capital of Lilongwe. CCECC's project, featuring the construction of a 4.2-km Kenyatta Road linking Lilongwe Old Town to Lilongwe City Center, stood out among many nominated projects. The new six-lane road, which is nearly complete, has reduced travel time from the city center to the old town from about an hour to about 10 minutes during peak hours. Speaking at the National Construction Day celebrations, Chakwera praised several construction projects implemented during his term, including those undertaken by Chinese contractors. The Malawian government also recognized local veteran architects for their outstanding contributions to the country's construction industry. Meanwhile, CCECC is constructing the Kaphatenga-Dwangwa (M005) road, reconstructing it to a bituminous standard with an asphaltic concrete surface. The road is part of the lakeshore road on the coastal plain between Lake Malawi and the plateau to the west.
Yahoo
24-03-2025
- Business
- Yahoo
CCECC to invest $1.4bn to revitalise Tanzania-Zambia Railway Authority
The Tanzania-Zambia Railway Authority (TAZARA) is set to receive an investment of more than $1.4bn from the China Civil Engineering Construction Corporation (CCECC) for the revitalisation of its railway infrastructure and operations. This announcement was made by TAZARA Managing Director and CEO Eng. Bruno Ching'andu at the Zambia International Mining and Energy Conference (ZIMEC 2025) in Kitwe, Zambia. The funding will be used for comprehensive rehabilitation and procurement of new rolling stock under a 30-year concession arrangement. The investment aims to transform TAZARA into an 'efficient and reliable' transport corridor. The proposed agreement with CCECC includes a $1bn allocation for the full rehabilitation of TAZARA's railway track infrastructure to enhance safety, efficiency, and capacity. An additional $0.4bn will be invested in the procurement of 32 new locomotives and 762 new wagons, which will significantly increase freight and passenger transport capacity. Ching'andu said: 'This concession will mark the beginning of a new era for TAZARA. The investment from CCECC will not only restore our railway infrastructure but also position TAZARA as a key enabler of trade and economic growth between Tanzania and Zambia. 'Through this strategic partnership, we are ensuring that TAZARA remains a competitive and sustainable transport solution for the region.' The concession structure outlines a three-year construction and rehabilitation phase followed by 27 years of full operational management. The Public-Private Partnership (PPP) model was selected to align with TAZARA's long-term vision and the interests of its shareholders. As the concessionaire, CCECC's responsibilities will include immediate rehabilitation of the railway track, supplying rolling stock, covering operational costs through concession fees payable to TAZARA, and efficiently maintaining and operating the railway system. At the end of the concession period, CCECC will hand back fully rehabilitated assets. The investment is the latest in a long line of Chinese-backed infrastructure projects across Africa, many of which are part of the Belt and Road project. In January this year, Tanzania and Burundi signed a $2.15bn agreement with two Chinese firms to build a railway for transporting metals, including nickel, to Dar es Salaam. The project will be developed by China Railway Engineering Group and China Railway Engineering Design and Consulting Group, with funding from the African Development Bank (AfDB). "CCECC to invest $1.4bn to revitalise Tanzania-Zambia Railway Authority" was originally created and published by Railway Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
21-03-2025
- Business
- Yahoo
CCECC to invest $1.4bn to revitalise Tanzania-Zambia Railway Authority
The Tanzania-Zambia Railway Authority (TAZARA) is set to receive an investment of more than $1.4bn from the China Civil Engineering Construction Corporation (CCECC) for the revitalisation of its railway infrastructure and operations. This announcement was made by TAZARA Managing Director and CEO Eng. Bruno Ching'andu at the Zambia International Mining and Energy Conference (ZIMEC 2025) in Kitwe, Zambia. The funding will be used for comprehensive rehabilitation and procurement of new rolling stock under a 30-year concession arrangement. The investment aims to transform TAZARA into an 'efficient and reliable' transport corridor. The proposed agreement with CCECC includes a $1bn allocation for the full rehabilitation of TAZARA's railway track infrastructure to enhance safety, efficiency, and capacity. An additional $0.4bn will be invested in the procurement of 32 new locomotives and 762 new wagons, which will significantly increase freight and passenger transport capacity. Ching'andu said: 'This concession will mark the beginning of a new era for TAZARA. The investment from CCECC will not only restore our railway infrastructure but also position TAZARA as a key enabler of trade and economic growth between Tanzania and Zambia. 'Through this strategic partnership, we are ensuring that TAZARA remains a competitive and sustainable transport solution for the region.' The concession structure outlines a three-year construction and rehabilitation phase followed by 27 years of full operational management. The Public-Private Partnership (PPP) model was selected to align with TAZARA's long-term vision and the interests of its shareholders. As the concessionaire, CCECC's responsibilities will include immediate rehabilitation of the railway track, supplying rolling stock, covering operational costs through concession fees payable to TAZARA, and efficiently maintaining and operating the railway system. At the end of the concession period, CCECC will hand back fully rehabilitated assets. The investment is the latest in a long line of Chinese-backed infrastructure projects across Africa, many of which are part of the Belt and Road project. In January this year, Tanzania and Burundi signed a $2.15bn agreement with two Chinese firms to build a railway for transporting metals, including nickel, to Dar es Salaam. The project will be developed by China Railway Engineering Group and China Railway Engineering Design and Consulting Group, with funding from the African Development Bank (AfDB). "CCECC to invest $1.4bn to revitalise Tanzania-Zambia Railway Authority" was originally created and published by Railway Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
