Government to borrow another sh 380 billion to construct SGR to Kisumu! Kenyans hope UHURU knows what he is doing

Saturday August 18, 2018 - Transport Cabinet Secretary, James Macharia, has said the Government is plans to borrow Sh 380 billion from China to construct the Standard Gauge Railway from Naivasha to Kisumu.
Speaking during the Association of Architects of Kenya annual convention at Pride Inn Hotel on Friday, Macharia said the SGR investment is transforming Kenya’s economy.

The Government will get the loan from Export-Import (EXIM) Bank of China, which has financed the first two phases through concessional and commercial loans.

According to the Government’s plan, Phase 2B will start at the planned Naivasha Industrial Park where Phase 2A ends.

It will pass through Narok, Bomet, Kericho Counties and terminate in Kisumu, where a Sh14.3 billion inland port will be put up.

The railway line will have 25 stations including a County station in Kisumu, six intermediate stations and 18 crossing stations.

Macharia urged the architects and local engineers to position themselves to take up the 40 per cent contracts that will be given to locals.

“The contractor has to make sure 40 per cent of the tenders are given to locals.”

“We, therefore, urge architect and local engineers to position themselves.”

“You can prepare the architectural works for the station,” the CS said.

The Kenyan DAILY POST
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