Private funding fuels coal railway boom

摘要

The country's status as the world's largest exporter of thermal coal is fuelling a surge in railway investment, backed by sizeable funding both from foreign governments and the private sector.rnIn a potential landmark deal, China Railway Engineering Corp announced on March 26 that it had been awarded a 24-year contract worth US$4-8bn by joint venture company Bukit Asam Transpacific Railway.