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Kenya set to gain from China’s Sh15 trillion budget for Silk Road
Chinese President Xi Jinping makes a toast during a welcome banquet for the Belt and Road Forum at the Great Hall of the People in Beijin on May 14, 2017. AFP PHOTO | WU HONG
Kenya hopes to get significant funding from China for major infrastructure projects which are part of the Silk Road Economic Belt and the 21st Century Maritime Silk Road initiative.
The hopes of Kenya and other nations were raised when Chinese President Xi Jinping announced that his country will cobble together a massive budget of Sh15 trillion for the world’s most ambitious infrastructure project.
