EAPC to start repaying Sh1.9bn State-backed Jica loan

Entrance to the East Africa Portland Cement factory in Athi River. 

Photo credit: File| Nation Media Group

East Africa Portland Cement Company (EAPC) is set to begin repayment of a Sh1.9 billion loan from the Overseas Economic Co-operation Fund of Japan (Jica), which was taken over by the State.

The cement manufacturer says it is nearing an agreement with the government to clear arrears from the loan, which include accrued principal and interest.

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