President Uhuru Kenyatta will at the weekend leave for Beijing to attend the China-Africa Co-operation forum. President Kenyatta is expected to hold talks with top Chinese leaders during the forum that is slated for Monday next week.
Top on the agenda for Kenya, is the expected signing of a 380 billion shillings loan facility to finance construction of the Standard Gauge Railway between Naivasha and Kisumu. The Mombasa – Nairobi section of the project cost 327 billion shillings with the extension to Naivasha costing 150 billion shillings.
During an interview with news outlet CGTN, President Kenyatta said Kenya will continue to co-operate with China to improve the country’s infrastructure but will also focus on public private partnerships as an alternative way of funding projects. President Kenyatta said infrastructure projects being financed by the Chinese government are helping open up Africa’s economies. President Kenyatta believes China’s Belt and Road Initiative has huge potential for a win-win situation for all who are involved in the initiative.