×
App Icon
The Standard e-Paper
Truth Without Fear
★★★★ - on Play Store
Download Now

China not funding SGR good for Kenya

China’s decision in April last year not to fund the Standard Gauge Railway (SGR) line from Naivasha to Uganda through Kisumu at an estimated cost of Sh398 billion is turning out to be a blessing in disguise for Kenya.

First, the loans to build the railway line would have ballooned Kenya’s debt to China to almost a ruinous Sh1 trillion.

Get Full Access for Ksh299/Week
Uncover the stories others won’t tell. Subscribe now for exclusive access
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in