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Chinese companies, Argentina sign four new deals to deepen railway cooperation
Kang Wenjun
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BUENOS AIRES, Dec. 11 (Xinhua) -- Chinese companies and Argentina took another step forward on Friday in railway cooperation after signing four new agreements, which will strengthen Argentina's connectivity and export capacity and generate jobs.
The contracts worth some 4.7 billion U.S. dollars represent "extremely important investments and an auspicious start for the country in the matter of railway development," Argentine Minister of Transport Mario Meoni said in an interview with Xinhua and other local media.
Companies involved in optimizing Argentina's rail network include China Railway Construction Corporation (CRCC), China Machinery Engineering Corporation, CRRC Corporation Limited and Yutong.