Algeria, Russia to sign deal on railway construction in March 2008

Russian Railways (RZD), a state-controlled monopoly, expects to close a deal on railway construction in Algeria in late March, the company's press service said.

                                 
Earlier this week, Algerian officials announced that Russian Railways (RZD) had won a tender to construct a modern railroad in Algeria .

Under the agreement, the state-controlled monopoly will rebuild and modernize 14 Algerian suburban stations, dismantle over 58.5 km of outdated railway tracks and lay 95 km  of the new ones.

The project also envisages the construction of 34 auxiliary facilities, a 1.7-km ( 1 mile ) tunnel and the Algerian Railways logistics control center.