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Regional rail operator Rift Valley Railways (RVR) has completed the final draw down of $69.6 million (Sh6 billion) out of the $164 million (Sh14.3 billion) debt facility raised by several East African financiers to fund its five –year turnaround programme.
This comes as the construction works on the standard gauge railway continue, a move that will offer stiff competition to the meter gauge railway line, operated by the RVR.
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