Kenya Standard Gauge to reach Malaba
- John Ashworth
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- John Ashworth
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Re: Kenya looks for funds to reach Malaba
Kenya signs $5.42 bn railway extension deal with Chinese firm
The first phase of a cross-country rail project in East Africa's largest economy, and thence to other countries in the region, is expected to link the Indian Ocean port of Mombasa to Nairobi from mid-2017.
In December the government, seeking to reduce transport costs and boost trade, secured a $1.5 billion loan... to extend the track from the capital to the Rift Valley town of Naivasha.
Wednesday's deal with CCCC, worth 549 billion shillings ($5.42 billion), is to extend the line from Naivasha to the town of Malaba on the Ugandan border...
- John Ashworth
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