... “sufficient proof of viability” before they could authorise the deal to construct the standard gauge railway beyond Naivasha.
Traditionally, the Chinese have used grants and interest-free loans to rope in least developed countries to its Belt and Road Initiative.
On Friday, Transport CS James Macharia stated that the SGR, which has reached Naivasha, will now be linked to the old line to ensure there is no disruption in transportation.
The change of mind back to the old line signals a reality check for government officials who spent the last five years fighting back criticism on the cost of the line.
Nonetheless, Kenya signed three infrastructure financing deals worth Ksh226 billion and were made through concessional financing and public-private-partnership (PPP).
They include the construction of the Waiyaki Way-Jomo Kenyatta International Airport Expressway, the expansion of the Northern bypass, as well as the construction and maintenance of the Konza data centre and smart cities project.
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