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However, the financier of both the Kenyan and Ugandan lines, Exim Bank, is understood to have laid down conditions that two must appoint one operator to carry out maintenance work between Mombasa and Kampala, for the bank to consider any financing, according to Kenya Railways managing director Atanas Maina.
Uganda is negotiating a $2.3 billion (about Sh236.7 billion) loan with Exim Bank to fund an initial 273 kilometre track, linking Kampala to Kenya’s border town of Malaba.
The construction to be carried out by China Harbour Engineering Company is expected to take 40 months.
Kenya’s Sh327 billion-472 kilometresMombasa-Nairobi line was 98 per cent complete in December, according to Transport CS James Macharia.
The Kenya Railways Corporation has received 210 wagons so far out of a total of 1,620 that were ordered for the route.
Treasury secretary Henry Rotich is expected to fly to China to negotiate for more loans to build the Naivasha-Kisumu-Malaba line.
Kenya started test rides on the Mombasa-Nairobi SGR this month to ensure optimum performance once full operations begin in June.A test run on March 8 took two hours from Nairobi to Mtito Andei.
Source: The Star
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