Kenya: China in Africa - Kenya Railway Study Shows Investment Projects Aren't a One-Way Street

, the China Road and Bridge Corporation resorted to the Early Entry Scheme.

In Kenya, this scheme was driven by various concerns. Cost-saving was one. The Chinese company had learnt from the first phase of the project that the late delivery of even a small parcel of land could raise the cost of the project if labour and equipment were idle. Another concern was political. For a flagship project funded by the Chinese government, on-time delivery was crucial to promote China's image as an efficient development partner.of the Standard Gauge Railway - not just the construction contractor. According to our interviews, operating the railway would not benefit the company financially. But the stakes were too high to leave it to chance.

. The current investment in the railway between Mombasa and Naivasha is not enough to boost the economy. This could only be realised if the railway connected global maritime trade to the hinterland of East Africa, to accelerate

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Africa: Poachers Pluck South Africa's 'Succulent' Plants for Chinese MarketSouth African customs officials recently became suspicious when they noticed that shipments of "Made in China" children's toys were being sent, oddly, back to China.
Source: allafrica - 🏆 1. / 99 Read more »