The $2.2 billion deal was signed on Tuesday, with the president of Tanzania, Samia Suluhu Hassan in attendance to witness the signing. The contract was signed between the Tanzanian government and the Chinese companies CCECC and CRCC.
China and Tanzania just finalized their partnership agreements to build the final section of the Standard Gauge Railway line which would bridge Tanzania with some of its neighbors.
According to the Tanzanian president during the signing, the completion of the railway is set to be completed in 2026, 9 years after construction began.
