Cost comparison SGR Kenya vs SGR Tanzania

Zigi Rizla said:
Mafuriko yanapiga pressup [emoji1787][emoji1787]. LDC hoiye!!

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Oyeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee..!

Burden on Kenyan taxpayers as Treasury starts repayment of SGR loan


SGR accounts for the largest share of Exim Bank of China loans to Kenya including the Sh150 billion used to build the Nairobi-Naivasha line.

CHINA DEBT
President Uhuru Kenyatta’s administration has largely contracted debt from China since 2014 to build much-needed roads, bridges, power plants and the SGR.

This started after Kenya became a lower middle income economy, locking her out of highly concessional loans from development lenders such as the World Bank Group.

China’s influence on the country’s infrastructure development, however, started in earnest with construction of the Thika Superhighway between January 2009 and November 2012 at a cost of nearly Sh32 billion during the last term of President Mwai Kibaki.

The deal to fund the first phase of the SGR, Kenya’s single largest infrastructure project by cost since independence, saw Beijing overtake Tokyo as Kenya’s largest bilateral lender.

Construction of the Mombasa-Nairobi SGR cost about Sh692 million per kilometre while the $1.5 billion for the extension to Naivasha is estimated at about Sh1.28 billion per km.

The standard gauge railway (SGR) line raked in sales of Sh10.1 billion in its second full year of operations, signalling that the mega project would take longer to break even.

SGR REVENUES
Freight services, which started in January 2018, generated Sh8.4 billion in the year to June, internal performance data from Kenya Railways shows.

The data shows that China Communications Construction Company, the operator, increased sales from the passenger service to Sh1.76 billion, up from Sh1.23 billion a year earlier—reflecting a growth of 43 percent.

Kenya Railways had budgeted to earn some Sh24 billion from the cargo service in the year to June, falling 65.56 percent below target.

Some importers said their transport costs shot up by nearly 50 percent when they used the railway line due to extra fees, more time spent clearing goods at the Nairobi train depot and the need to send a truck to collect the goods from the facility.

Moving a 40-foot container to Nairobi by rail costs nearly Sh80,000 - roughly the same as a truck, says the Kenya Transporters Association.
But importers must also pay at least Sh25,000 for a truck to collect the goods from the Nairobi depot, breaching the Sh100,000 mark.


Burden on taxpayers as Treasury starts repayment of SGR loan

Treasury releases Sh10 billion to China’s Exim Bank as amount owed to lender jumps 130pc to Sh71.4 billion.
www.businessdailyafrica.com
 
Hongereni jirani kwa kui electrify reli yenu naona apo mlivyotandaza nguzo pembeni ya reli [emoji3][emoji3]
 
Hv Wakenya msichoelewa apo ni nn kiukweli kabisa katika hali ya kawaida ukifanya comparison ya SGR ya Tz na kenya inatakiwa SGR ya Tz iwe costful than SGR ya kenya lkn nnachoshangaa hapa ni kwamba wakenya wanajifanya hawaamini kuwa SGR yao ni costful zaidi ya Tz eti wanajfny wamesahau ufisadi uliowazunguka hehehehee kweli ukipenda sn hata upofu utaita kengeza
 
Dar -Moro SGR is $1.2 bln! U r talking of poles inside perimeter wall but I see none of that to call a dedicated TL for ur SGR! U r simply naive to say the electrification cost was covered within that $3.8 bln figure! If so, then why this signing happened? here they say Mombasa Nairobi costed Kshs 447 bln meaning above that $3.8 bln mark! That means $4.47 bln + 0.24 bln leads to $4.71 bln for 628 km track of SGR!

Chinese firm lends Kenya Sh25bn to electrify SGR - VIDEO

The loan, which has been obtained through Ketraco, will be used to build power stations, line
www.businessdailyafrica.com
 



Hapo ni LOAN ya kuelectrify, bado LOAN ya kununulia Trains, mmm majirani na nyii muulizage kwanza



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