GE interested in Nigeria railway concession worth around $2 billion

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The logo of Dow Jones Industrial Average stock market index listed company General Electric is shown at their subsidiary company GE Aviation in Santa Ana, California April 13, 2016. REUTERS/Mike Blake (Copyright Reuters 2016)

General Electric has a "keen interest" in acquiring a Nigeria railway concession worth around $2 billion, the U.S. company said on Monday.

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Nigeria has been looking for partners to upgrade its ageing rail network but GE did not specify which concession it was referring to.

"Given the size and scope of the proposed project, it is likely that the debt and equity commitments required from lenders, consortium partners and other co-developers will be in the range of $2 billion or more," GE said in a statement.

(Reporting by Ulf Laessing; Editing by Susan Fenton)