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China Wu Yi expects to earn an abnormal profit of Sh8.6 billion from a contract to upgrade a 25km section of the Nairobi-Nakuru Highway.
Directors of the Chinese State-owned firm were told yesterday that more than half of the contract sum of Sh16.4 billion would accrue as profits. The message to directors offers Kenyans a rare glimpse of how lucrative infrastructure projects are for Chinese firms, and more broadly, what informs the scramble for African opportunities.
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