November 16, 2018

Kenya receives billions from China

China elevated its bilateral relationship with Kenya as Chinese leaders pledged to support Kenya achieve its development goals.

China offered Kenya a grant of Sh19.2 billion to mark the elevation of the two countries relationship to that of comprehensive strategic cooperation.

Kenya also got another Sh2.4 billion for drought mitigation measures and another Sh500 million to support Kenya on refugee affairs.

The country also walked away with more funding for infrastructure projects including Sh16.5 billion for the construction of the Nairobi Western bypass.

The Chinese government also supported Kenya’s request for Sh369 billion from the Exim Bank of China for the construction of the third phase of the Standard Gauge Railway (SGR) from Naivasha to Malaba through Kisumu.

During the bilateral meetings on Monday (15/05/17), the two countries agreed to designate the SGR as a critical route that needs enhanced security.

Premier Li indicated China would support Kenya with the technological requirements for the surveillance of the route as it also enhances the capacity of Kenyans to manage the role.

President uhuru Kenyatta is among 28 world leaders invited to the development summit whose theme is “strengthening international cooperation and co-building the ‘belt and road’ for win-win development.”

The only other African leader attending the summit is Ethiopian Prime Minister Hailemariam Desalegn.

It was to Beijing that President Uhuru made his first State visit out of Africa after taking office. The visit resulted in financing for the first phase of the SGR from Mombasa to Nairobi, which has been completed on budget and 18 months ahead of schedule — with more than 30,000 jobs.

China has also partnered with Kenya over the years in the delivery and upgrading of major roads including the Nairobi northern, southern and eastern bypasses.

“The President is delighted to be there to continue with the task of seeking to expand Kenya’s infrastructure, including roads and rail links. These are important cogs in building the environment that creates jobs needed by Kenya’s youth,” State House Spokesperson Manoah Esipisu indicated.

Related posts