Source: UGO news
Kenya has launched a $13.8 billion railway project to boost the transportation of goods in the region.
Speaking at the launch on Thursday in Mombasa, Kenya, President Uhuru Kenyatta said: “What we are doing here will definitely transform the course of development not just for Kenya but the whole eastern African region.”
This railway project which is partly funded by the Chinese will cost $13.8 billion.
China has funded the project only for the first 450-kilometre (280-mile) section — $5.2 billion (3.8 billion euros) — from Mombasa to Nairobi.
Work on that section, by the state-owned China Road and Bridge Corporation (CRBC), is expected to be completed by 2017.
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