Tag Archives: Chinesebuilt

UPDATE 1-Kenya opens $1.5 bln Chinese-built railway linking Rift Valley town and Nairobi

UPDATE 1-Kenya opens $  1.5 bln Chinese-built railway linking Rift Valley town and NairobiKenya’s opened a $ 1.5 billion Chinese-built railway line linking Nairobi to Naivasha on Wednesday, despite delays in building an industrial park in the Rift Valley town to encourage freight. The extension links to another Chinese funded and built $ 3.2 billion line between the port of Mombasa and Nairobi that opened in 2017 but is so far underutilised for cargo services. Upgrading Kenyan railways has been part of Beijing’s “One Belt, One Road” initiative, multi-billion dollar infrastructure projects aimed at improving land and maritime trade routes between China and Europe, Asia and Africa.



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Kenya opens Chinese-built railway linking Rift Valley town to Nairobi

Kenya opens Chinese-built railway linking Rift Valley town to NairobiKenya’s President Uhuru Kenyatta is due to open a new $ 1.5 billion Chinese rail line on Wednesday linking the capital Nairobi to the Rift Valley town of Naivasha, despite delays in establishing an industrial park there to drive freight traffic. The development of Kenya’s railways has been part of China’s “One Belt, One Road” initiative, a multi-billion dollar series of infrastructure projects upgrading land and maritime trade routes between China and Europe, Asia and Africa. Kenya had planned to open an industrial park in Naivasha, offering companies tax breaks for investing in manufacturing, and preferential tariffs for electricity generated in the nearby geothermal fields.



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Eyeing growth boost, Kenya opens Chinese-built railway

Eyeing growth boost, Kenya opens Chinese-built railwayKenyan President Uhuru Kenyatta on Wednesday inaugurated a Chinese-built railway, the country’s biggest infrastructure project since independence that is aimed at cementing its role as the gateway to East Africa. Dancers and a military band entertained passengers and dignitaries from Kenya and China shortly before they, and Kenyatta, were to take the maiden journey from a gleaming new terminal in the port city of Mombasa to Nairobi. “Today we celebrate one of the key cornerstones to Kenya’s transformation to an industrialised, prosperous, middle-income country,” Kenyatta said at the launch.



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