JAPAN IS OUT! China $11.2 Billion Build Africa’s Largest Road Project | This Will Change Everything

#china #chinanews #project #africa #japan Corrected content information: Kilometer data of the three sections of the expressway, excluding previously built roads The initial investment of the project was about 11.2 billion U.S. dollars, but the cost after completion exceeded 300 million U.S. dollars ----------------------------------------------------------------------------- In Algeria in northern Africa, a 1,200-kilometer east-west highway is under construction. This huge expressway will run through the entire territory of Algeria, bringing unprecedented development opportunities to the country in the future. According to the bidding plan of the project, the Algerian Expressway is divided into three bidding sections. Among them, the middle section of the expressway is 169 kilometers long, the western section is 359 kilometers long, and the eastern section is 399 kilometers long. The total investment of the project is about 11.2 billion US dollars. Among them, Chinese companies will undertake the construction of the middle and west sections of the highway, with a total length of 528 kilometers and a project investment of approximately US$6.3 billion. At the same time, Japanese companies also undertook the eastern section of the Algerian Expressway, which is about 399 kilometers long and the project investment is 5.2 billion US dollars. Obviously, the Algerian Expressway is not only a cooperation between China and African countries, but also a competition between China and Japan in the field of infrastructure, so China attaches great importance to this project. After more than 10 years of construction, the road section under the responsibility of Chinese companies is about to be completed. What is unexpected is that the part in charge of by the Japanese company has been stuck in the predicament of suspension for many years, and even asked Algeria to terminate the project. In order to solve the problem of project cooperation between Algeria and Japan, China directly took over the unfinished part of the Japanese company, and it will be officially completed on July 5, 2023, Algeria’s Independence Day. So, what exactly caused Japan to choose to withdraw from the cooperation? What is the future of Africa’s largest highway? ---------------------------------------------------------------------