China Supporting Africa for Implementation of High Speed Train Projects

China Supporting Africa for Implementation of High Speed Train Projects :While Europe cannot even dream of connecting metropolitan cities with high speed train network, China is planning to implement these projects in Africa.

In the speech he made in African Union OAU, Chinese Prime Minister Li Keqiang has stated that in addition to the existing 20 billion dollars of loan allocated for Africa, it may be possible to increase this fund by another 10 billion dollars. He also announced that the Africa Development fund will also be increased by 2 billion dollars.

According to the news agencies from China, in his speech in Ethiopia, Mr. Li Keqiang has explained that the high speed train in Africa is planned to connect all major cities with each other and China has the technology to build that network. Mr. Li Keqiang has stated that the People’s Republic of China will work jointly with Africa to see to it that this dream is realized.

Mr. Li Keqiang, after being elected as the Prime Minister of China a year ago, is visiting Africa for the first time. After Ethiopia, he is planning to visit petroleum countries of Nigeria and Angola. Not long ago, China has entered agreements with Africa in high level visits made to this continent, which is for shipment of raw material to China and is worth billions of dollars.

China Supporting Africa for Implementation of High Speed Train Projects

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