Sh10.1bn SGR revenues revealed

An SGR Cargo train at the Embakasi Inland Container Depot. FILE PHOTO | NATION MEDIA GROUP

What you need to know:

  • Freight services, which started in January 2018, generated Sh8.4 billion in the year to June, internal performance data from Kenya Railways shows.
  • China Communications Construction Company, the operator, increased sales from the passenger service to Sh1.76 billion, up from Sh1.23 billion a year earlier.
  • The revenues were not enough to meet the operation costs, which are estimated at Sh1.5 billion a month or Sh18 billion a year.

The standard gauge railway (SGR) line raked in sales of Sh10.1billion in its second full year of operations, signalling that the mega project will take longer to break even.

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