President Uhuru Secures Sh226 Billion JKIA Expressway, Konza City Deals
President Uhuru Kenyatta on Friday witnessed the signing of project delivery agreements worth Sh226 billion between Kenya and China.
The deals are for the Konza Data Centre and Smart Cities Project by telecommunications giant Huawei as well as the construction of an expressway linking the Jomo Kenyatta International Airport (JKIA) to Nairobi CBD and James Gichuru Road in Westlands area.
The President’s Strategic Communications Unit (PSCU) reports that the deals will be fulfilled through concessional financing and Public-Private-Partnership (PPP).
The Konza project deal is worth Sh175 billion while the expressway project by the China Road and Bridge Corporation is worth Sh51 billion.
Kenyatta, who is attending the second Belt and Road Initiative (BRI) forum in Beijing, has also signed the operation and maintenance service deal for the Nairobi-Naivasha section of the Standard Gauge Railway (SGR).
The Konza project is part of vision 2030 flagship and was conceived in 2017 by the ICT Ministry and Huawei.
The project involves the development of key infrastructure including a National Cloud Data Centre, a Smart ICT Network, a Public Safe City and Smart Traffic Solution, and a Government Cloud and Enterprise Service.
Phase one of the project is expected to create more than 17,000 employment opportunities and contribute Sh90 billion to the economy.
On the other hand, the construction of the JKIA overpass is expected to ease traffic flow in the city.
The signing of the two deals comes a day after President Kenyatta signed a deal for the exportation of Kenyan avocados to the Chinese market.
The deal makes Kenya the first African country to export the produce to China. The deal will see Kenya export 40 percent of the country’s avocado produce to the Asian nation.
Comments
Those who want to complain…
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Those who want to complain about the debt burden to Kenya can complain. At the end of the day, a country cannot develop without debt as long as the debt finances long-term capital projects. The return on investment (ROI) from these capital project will exceed the marginal cost of debt. Kenya is on the move.
The PROBLEM here is…
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In reply to Those who want to complain… by Sukuma (not verified)
The PROBLEM here is CORRUPTION in Kenya. And You know it unless "You haven't been watching or listening to Kenya news on Runaway corruption Kenya. Anyway: What's the Point of Being a Developed slave to the Lender? And by the way: Do You the Superpower USA is an Economic Slave to China right now (and it could be getting Bad and "Badder")?
True BUT I don't think using…
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In reply to Those who want to complain… by Sukuma (not verified)
True BUT I don't think using a simple ratio equates to profitable venture. ROI has its limitations and yes it can be distorted easily aka numbers can be cooked to look profitable.
Speaking of, how come the govt doesn't show us the ROI of these investments, what is the payback time , NPV etc. Where is the transparency, tujisomee numbers ? Such undertaking data should be public knowledge and gazetted.
The only reason that China…
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The only reason that China has agreed to finance Konza Data Centre while denying the same to SGR is because this will give China access to all government information. The boy in state house can't understand that.
Good observation.👍
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In reply to The only reason that China… by Jamama (not verified)
Good observation.👍
Devil is in the details…
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Devil is in the details. What is Kinda Data project. What and whose data are we talking about? We understand the construction projects. What is Data project?
It's a Conduit for more…
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In reply to Devil is in the details… by Ananymous UI (not verified)
It's a Conduit for more CORRUPTION. And China keeps on "Laughing all the Way to it's Banks".😁😁😁😁😁😁😁
To the body language experts…
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To the body language experts, is it that the two sides cannot believe the others generosity?! Kenyan Rais seems anxiously watching the chinese rep's move., while the chinese Rais mesmerizes at the kenyan rep's move. It is only the CS who is watching the documents knowingly and slyly-maybe since the loans will be soon his ministry's loot to squander. Perishable Avocados vs strategic Technology and construction, talk about trade in-balance. If coffee and tea has not put poverty behind us, avocados will?
These goons are just…
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These goons are just pathetic.How do you vindicate all this spending???.Moses kuria might be a mortar mouth but he had a point about kiambu being neglected.The most pathetic roads/vumbi tupu and billions are being swindled left and right for SGR and now fake ass Data shit.Last time i checked i've never used a train and am sure my safaricom data bundles are sufficient.We need jobs,roads,water and security for starters,fuck your other side show bullshit!!!
Chinese are smart people &…
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Chinese are smart people & their sytem of gvnm't can't be f**d with! All these projects will create job opportunities for locals but they are not sustainable! No doubt we'll see infrastructure development such as roads & buildings construction but do you know whom they're going to serve? Wait until all these projects are complete & then you'll know who's in charge of this country! whether it's your boy scout in state house or Chun Dung Pong who is very busy enlarging his territories in the African continent! By the way,I've started learning Chinese language just in case I land myself a ka small job like a homeguard!
Just the fact that you…
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In reply to Chinese are smart people &… by Andrew (not verified)
Just the fact that you called it Chinese language and not Mandarin or Cantonese, means that you are bluffing.
bravo bravo uhuru bring more…
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bravo bravo uhuru bring more n more development ndio wakenya diaspora warudi makwao tunjenge nchi.Si majority walipotelea kwa wazungu juu hakukuwa na barabara,infrastructures??So wacha tuone kama watarudi makwao??If u guys watch how diaspora in somaliland wameinvest huko n returning many to develop their country utashangaa.Uhuru bravo bravo again.Wazungu stolle raped our country for over 50 years n did nothing only left us with high poverty levels corruption right n left n hunger.So wr ready to see what chinese have delivered wenye watanjinyonga wanjinyonge juu we need loans to develop like singapore n malaysia
From your comments, You lack…
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In reply to bravo bravo uhuru bring more… by mkenya halisi (not verified)
From your comments, You lack vision.
@mlahisi and what did…
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In reply to bravo bravo uhuru bring more… by mkenya halisi (not verified)
@mlahisi and what did diaspora do (or did not do) to you and your likes. These days there is increased anti-diaspora rhetoric from all quarters in KE by leaders, media and pedestrians alike. Despite diasporans contribution to the economy, society and families back in KE, they have remained to be slighted and ridiculed by rank-and-file. The most demonizing comes from crusaders like @mlahisi and some other short-term visitors to host countries. Is to be diaspora to wrong society? or this is the diaspora-curse?
@12manydays why should i…
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@12manydays why should i hate diaspora n i use to b one.Trust me i don't.But i hate those kenyans who moves to majuu n all over sudden they start talking shit about their motherland brainwashed ati wamefika heaven.I feel pretty much for such pple with small brains not forgetting 99.9% of their sibling wanaishi kenya.
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