Wednesday, May 3, 2017

Kenya: Nairobi to Naivasha Rail Line will Link to Olkaria Geothermal Resources

Kenya Govt Secures Sh 155 Billion Funding for SGR Phase Two (Kenyan Wall Street)

The  Kenyan Government has secured Sh 155 Billion Funding from the Exim Bank of China for the construction of Phase Two of the 490Km Standard Gauge Railway (SGR).

The project will be constructed by the China Road & Bridge Construction Company and will traverse Naivasha, Narok, Bomet, Nyamira, Kisumu, Yala, Mumias to Malaba. The line will also be linked to Olkaria Geothermal and the Government’s planned Special Economic Zone in Naivasha.

Feasibility studies have already been completed and construction starts in July 2017.