Minister of Transportation, Rotimi Amaechi, signed the agreement on behalf of Federal Government while Chen Xiao Xing, Vice President of CRCC, signed for the company in Abuja.
Amaechi said that the central railway line was the backbone of rail transportation in Nigeria, adding that the agreement was for its completion and extension to Warri town, port and refinery.
He said the rail would extend northward from Eganyi-Jakura-Baro to Abuja.
According to NAN, the minister said the agreement included the construction and expansion of Warri Port, Deep Sea Port as well as the Industrial Park at Bonny Island.
“The central line is one of the most important rail lines that we have in Nigeria and I will be glad if we can partner with your corporation; we will commence negotiation once we get the approval from the president. It is part of the economic corridor in Nigeria where we have solid minerals, we have been working on that line for a long time and we will like to complete it,” Amaechi said.