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In Kenya, the much-awaited $259.7 million Nairobi Railway City has started taking shape after the formation of the Railway City Development Authority. The first phase of the 20-year project that is set to change the face of Nairobi Central Business District will kick-off this year. Moreover, Chinese firm Stecol Corporation has secured a Sh5.6 billion deal to start construction of special lanes for high-capacity buses through the Nairobi city centre and Thika highway next month. Reginald Kadzutu Economic Analyst joins CNBC Africa for more.
The post Kenya railway’s Ksh28 billion city project begins to take shape appeared first on CNBC Africa.
Source : African Media Agency (AMA)