Condition China Set To Fund SGR Expansion

Steve Oke Chapchap Market No Comments

Spread the love

Disclosed: Condition China Set To Fund SGR Expansion

WHATSAPP STOCK LIST GROUP https://bit.ly/3SQ396YMobile phone LOANS go to like MPESA https://bit.ly/3oXrWpy WIN 200 USD go to https://bit.ly/Win-2USD Or https://shorturl.at/pvK5G
I have made ksh 200,000 (2,000 USD$) in less than 6 months after INVESTING ONLY ksh550(4 USD$) Join via below link https://shorturl.at/pvK5G and start making DAILY CASH by Referrals watching ads playing game etcEARNINGS PROOF πŸ‘‰πŸ‘‡https://bit.ly/Proof-ScreenshotGet trained by billionaires by JOINING FREE WEBINAR & Make up to 1,000 USD per month via AI https://bit.ly/3ZqDea7(CHEAP FAST SAFE HOSTING) Build Your own website for FREE go to https://bit.ly/3AEBFe6Kindly Check My website https://chapchapmarket.co.ke For BEST DEALS in Kenya on cars, Real Estate etc. POST FREE ADVERTISEMENTS too.You can Pay As low as 30% Deposit and 70% in 60 MONTHLY INSTALLMENTS via Bank Finance.We offer trade in, bank finance, REAL ESTATE, CAR HIRE etcINSTAGRAM https://www.instagram.com/chapchapmarket/TikTok https://www.tiktok.com/@chapchapmarketFacebook https://bit.ly/3Osng8GTelegram https://bit.ly/3drhmR2 My Whatsapp Wa.me/254724260188

KenyaToday

Follow

African Union Envoy for Infrastructure Raila Odinga, on Monday, broke his silence over the stalled expansion of the Standard Gauge Railway (SGR) to Kisumu.

Speaking during a working tour of various projects in Kisumu, Raila sought to settle the disquiet over the expansion plans from Naivasha maintaining that it was not a lost cause.

β€œI was waiting for the opportune time to give a report on our trip to China and it has come with the launch of this project (Special Economic Zone – SEZ). Media has been awash with biased reports that we failed to secure the SGR loan, which is very negative, false and unfair,” he conveyed.

WHATSAPP STOCK LIST GROUP https://bit.ly/3SQ396YMobile phone LOANS go to like MPESA https://bit.ly/3oXrWpy WIN 200 USD go to https://bit.ly/Win-2USD Or https://shorturl.at/pvK5G
I have made ksh 200,000 (2,000 USD$) in less than 6 months after INVESTING ONLY ksh550(4 USD$) Join via below link https://shorturl.at/pvK5G and start making DAILY CASH by Referrals watching ads playing game etcEARNINGS PROOF πŸ‘‰πŸ‘‡https://bit.ly/Proof-ScreenshotGet trained by billionaires by JOINING FREE WEBINAR & Make up to 1,000 USD per month via AI https://bit.ly/3ZqDea7(CHEAP FAST SAFE HOSTING) Build Your own website for FREE go to https://bit.ly/3AEBFe6Kindly Check My website https://chapchapmarket.co.ke For BEST DEALS in Kenya on cars, Real Estate etc. POST FREE ADVERTISEMENTS too.You can Pay As low as 30% Deposit and 70% in 60 MONTHLY INSTALLMENTS via Bank Finance.We offer trade in, bank finance, REAL ESTATE, CAR HIRE etcINSTAGRAM https://www.instagram.com/chapchapmarket/TikTok https://www.tiktok.com/@chapchapmarketFacebook https://bit.ly/3Osng8GTelegram https://bit.ly/3drhmR2 My Whatsapp Wa.me/254724260188

Also Read: Ruto Explains Why He Will Not Stop Giving Money In Churches

Various publications reported that for the project to be greenlighted by the Chinese financer, Kenya had to prove its feasibility in line with China Export-Import Bank prerequisites for a loan.

β€œIt is just a matter of time before we get the monumental infrastructure. We have not even done a feasibility study to give way for the roll-out of the project,” Raila was quoted.

The ODM leader elucidated that the government had embarked on various investments in excess of Ksh9 Billion, to woo the Chinese to fund the railway. He cited the SEZ, together with the refurbishment of the Kisumu Port and upgrade of the Kisumu International Airport to launch cargo haulage as some of the efforts they had undertaken to prove the extension was a viable venture.

Raila was accompanied by three cabinet secretaries; James Macharia (Transport), Peter Munya (Trade) and John Munyes (Petroleum) who echoed his sentiments assuring that the government was keen to ensure the project was completed.

β€œThat the SGR will reach Kisumu is not in question, what we wanted to do is to ensure there is feasibility for the entire project as a prerequisite.

β€œWe realised that it was going to be too costly reviving this line when SGR to Kisumu was also very active in the pipeline. We are reviving the Malaba line as an interim measure to help prove the profitability of the SGR line and also so that goods destined for Uganda, our strongest trade partner in the region are not stranded at Naivasha,” he was quoted.

~Kenyans

By Bertina
REPORT


Spread the love
Tags :