SGR phase 2A ilianza kujengwa mwaka Jana June, inatarajiwa kukamilika mwaka huu Dec 2018 au Jan 2019.
Loan ya SGR iko na 10 year grace period, meaning loan yenyewe itaanza kulipwa 2023 baada ya SGR kufika Uganda. Tuko na 5 yrs left to start paying.
Lengo la sasa ni by end of year, SGR iwe inabeba 1, 200 TEUs per day, tukitumia hio cama base line
1200 TEUs per day = 1200 x 365 days = 427, 200 TEUs per year
If we use flat rate charge of 50, 000 (thr actual charge by KPA will be 80, 000)
This translates to revenue of 427200 x 50, 000 = 21,360, 000, 000 ksh per year or $213.6 Million USD per year .
The SGR perseger service makes $6.1 Million a year... lets assume that this pays all the workers, fuel + maintanance
So, for phase 1 alone.... paying back $4B will take 4, 000/213.6 = 18 yrs
18 years is a small time in paying a loan, there are loans that some countries have taken +40 yrs to pay. Infact the SGR loan payment period is 40 yrs, as not all the revenue generated will go to paying the loan, but if we wanted to, we could repay the loan in 10 yrs! KPA alone generates a profit of $300m a year,
And ofcorse the calculations I've done are abstract, but they should give you an idea, also those estimations are using what we expect in 2018, by 2022 we expect the SGR to be handling 2, 400 Teus per day imports+exports so when we start paying the loan we might even have some change left each time we repay.
Dont forget we also have the rail levy where we tax 1.5% of each of all goods imported through Mombasa, if for some reason the SGR doesnt generate enough revenue, we still have that option