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Kenya secures Sh67.5bn project financing from China

President Uhuru Kenyatta addresses delegates during the Chinese-Kenya Business Forum at Crown Plaza Hotel in Beijing, China, on April 26, 2019. PHOTO | PSCU

By  PSCU

Kenya and China on Friday signed project delivery agreements worth Sh67.5 billion for the Konza Data Centre and Smart Cities Project by telecommunications giant Huawei and the JKIA-James Gichuru expressway.

President Uhuru Kenyatta, who is in China for the second Belt and Road Initiative (BRI) forum, witnessed the signing of the deals that will be fulfilled through concessional financing and Public Private-Partnership (PPP).

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