Journal article
Optimizing the impact of Chinese Railway Investment on industrial development: A comparative study of Nigeria and Global best practices
Abstract
The impact of Chinese railway investments on industrial development is a subject of considerable interest and debate, particularly in emerging economies like Nigeria. The primary goal of this article is to qualitatively examine the strategic/political, economic, and social effects of Chinese engagement in developing Nigeria’s railways. Relying on open sources ranging from press reports, and scholarly works, to unclassified official records, the study investigates Chinese financing and construction of Nigeria’s railway system in the 21st century. The study contributes to the body of research questioning whether the economic cooperation between the People’s Republic of China PRC and Nigeria is to the latter\\\'s detriment. The findings highlight the importance of good governance and planning in maximizing the benefits of railway investments for industrial growth. It also discussed the importance of collaborating with international bodies to achieve the success of the Nigerian Railway sector, moreover, the study looked into how easily Nigeria can optimize the development of Chinese Investment within its terms and conditions. The article suggests mutual or win-win cooperation between the two countries.
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