CHINESE INFRASTRUCTURE PROJECTS IN AFRICA
Table of contents
Share
Metrics
CHINESE INFRASTRUCTURE PROJECTS IN AFRICA
Annotation
PII
S0321-50750000616-3-1
Publication type
Article
Status
Published
Authors
Konstantin Tkachenko 
Pages
41-44
Abstract
The article describes the actual investment interest of China in Africa, marking the continuing growth of this interest despite the actual hazards and risks that Chinese have to face in many of the Continent's countries. Particular attention is given to major projects of fixed assets construction either financed by PRC or supplied with Chinese workforce, such as extension of Nigerian concrete production plants or construction of record-breaking minaret in Algeria. The growing importance and direct participation of China in upgrading of the African transport infrastructure, particularly of highways and airports in Algeria, dams, subway and railway nets in Ethiopia and Nigeria, is stressed. A point is made that the renovation of railroad infrastructure carried out and financed by Chinese companies, is a key factor for both national and transnational changes for a number of economically isolated African territories, not only boosting cargo transportation within the countries, but also in stimulation of trade and economic ties between them. The author provides up-to-date statistics on Chinese foreign direct investment flows to Africa, as well as on growth of Chinese companies' income from reification of construction projects in Africa in general, and in a number of African countries in particular. The article also stresses the huge increase of workforce from PRC in Africa, especially in Algeria and Angola, having reached record-breaking numbers for the past 15 years with a clear prospect of further intensive growth.
Keywords
Africa, China, foreign direct investment, capital development, major contract with China, expansion of plants, construction of highways, Transafrican railway net
Date of publication
01.02.2018
Number of purchasers
2
Views
210
Readers community rating
0.0 (0 votes)
Cite Download pdf

To download PDF you should sign in

1

References



Additional sources and materials

1. 2016 business review XXVI: China-Africa trade and economic cooperation makes steady progress - http://english.mofcom.gov.cn/article/newsrelease/significantnews/201702/20170202515699.shtml (accessed 29.08.2017)
2. East-West Highway, Algeria - http://www.roadtraffic-technology.com/projects/eastwesthighway/ (accessed 29.08.2017)
3. Africa’s construction dragons - http://www.worldconstructionnetwork.com/features/africa-s-construction-dragons/ (accessed 29.08.2017)
4. Chinese construction team builds mosque with tallest minaret in Africa - http://www.chinadaily.com.cn/world/2017-03/14/content_28554368.htm (accessed 29.08.2017)
5. Chinese investment in Africa: Beijing’s testing ground - https://www.ft.com/content/0f534aa4-4549-11e7-8519-9f94ee97d996 (accessed 29.08.2017)
6. China Africa Research Initiative of John Hopkins University - http://www.sais-cari.org/data-chinese-loans-and-aid-toafrica/ (accessed 29.08.2017)
7. Podrobnee sm.: Nemchenko V.P. Shel tramvaj v Addis-Abebe... // Aziya i Afrika segodnya. 2016, № 5. (Nemchenko V.P. 2016. Tramway in Addis Ababa // Aziya i Afrika segodnya. № 5) (In Russ.)
8. Sub-Saharan Africa gets its first metro - https://www.economist.com/news/middle-east-and-africa/21665199-addisababa-has-opened-first-part-new-light-rail-system-sub-saharan-africa?journey=b (accessed 29.08.2017)
9. CRCC to build three metro stations in Moscow - http://www.railwaypro.com/wp/crcc-to-build-three-metro-stationsin-moscow/ (accessed 29.08.2017)
10. Tekhnologii Podnebesnoj. Kitajskie inzhenery pristupili k stroitel'stvu trekh stantsij Tret'ego peresadochnogo kontura Moskovskogo metropolitena. (Technologies of Celestial Empire. Chinese engineers launch construction of three metro stations of the Third metro circle of Moscow) (In Russ.) - http://metro-parking.ru/news/metttro212.html (accessed 29.08.2017)
11. Kitajskie inzhenery postroyat tri stantsii metro. (Chinese engineers to build three metro stations) (In Russ.) - https://zao.mos.ru/presscenter/news/detail/4966951.html (accessed 29.08.2017)
12. Have UK businesses missed the train in Ethiopia? - http://www.bbc.com/news/business-24869433 (accessed 29.08.2017)
13. Giant infrastructure projects that are reshaping Africa - http://www.businessinsider.com/giant-infrastructureprojects-reshaping-africa-2016-12/#dangote-cement-africas-largest-cement-producer-signed-contracts-worth-43-billion-in2015-with-a-chinese-engineering-firm-to-increase-its-capacity-to-100-million-tons-across-15-countries-by-2020-the-dealwill-enable-the-construction-of-many-other-projects-around-the-continent-11 (accessed 29.08.2017)
14. Boko Haram renames itself Islamic State’s West Africa Province (Iswap) as militants launch new offensive against government forces - http://www.independent.co.uk/news/world/africa/boko-haram-renames-itself-islamic-states-west-africaprovince-iswap-as-militants-launch-new-10204918.html (accessed 29.08.2017)
15. Nigeria: $11bn Lagos-Calabar railway line gets the go ahead - http://africanbusinessmagazine.com/region/westafrica/nigeria-11bn-lagos-calabar-railway-line-gets-go-ahead/ (accessed 30.08.2017)
16. Tanzania: Master Plan for Bagamoyo Mega Project in the Offing - http://allafrica.com/stories/201702170371.html (accessed 30.08.2017)
17. China loans $10bil for Bagamoyo Port Project - http://china.aiddata.org/projects/30332 (accessed 30.08.2017)
18. Penny for your ports - https://www.thebusinessyear.com/tanzania-2017/penny-for-your-ports/focus (accessed 30.08.2017)
19. Construction of $10b Bagamoyo port in Tanzania to start in July this year - http://www.constructafrica.com/news/construction-10b-bagamoyo-port-tanzania-start-july-year (accessed 30.08.2017)
20. Data: Chinese workers in Africa - http://www.sais-cari.org/data-chinese-workers-in-africa (accessed 30.08.2017)