Kenya, China sign standard gauge railway agreement

Finance Cabinet Secretary Henry Rotich (Seated Right) with Chinese Minister of Commerce Gao Hucheng signing Standard Gauge Railways constriction agreement at State House Nairobi on May 11, 2014. Five presidents witnessed the signing. PHOTO/BILLY MUTAI

What you need to know:

  • The SGR is expected to cost Sh327 billion for the 609.3 kilometre Mombasa-Nairobi phase with China's Exim Bank funding 90 per cent of the project
  • Speaking after the signing ceremony, President Kenyatta said Kenya “has found an honourable partner in China”

Kenya and China on Sunday signed an agreement on the financing of the first phase of the standard gauge railway project.

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