Truckers lose out under railway financing deal with China

Mr Henry Rotich, the Treasury secretary. FILE

Transporters face a massive cut in business under the terms of a controversial financing deal for the standard gauge railway agreed between Kenya and the China Export Import Bank.

A report tabled by the House committee on Transport, which investigated the agreements, shows that the Sh448 billion line will be protected from road transporters, especially for goods passing through the Inland Container Depot (ICD) at Embakasi in Nairobi.

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