Sh368bn SGR loan not part of Uhuru-Jinping talks: State House
President Uhuru Kenyatta is received by Chinese President Xi Jinping on arrival for the Leaders' Roundtable Session at Hanque Square of Yangi Lake International Conference Centre in Beijing, China, April 27, 2019. PHOTO | SAMUEL MRING'U | NATION MEDIA GROUP
Chief of Staff Nzioka Waita issued a statement on Saturday, following reports that China declined to give Kenya a Sh368 billion loan.
Mr Waita termed reports by the local dailies, that the President “failed to secure loans or funds", as "disappointing".
He further noted that the SGR project is regional, so "complexities in negotiating its completion involve several countries and securing financing for its completion could take several years of intricate negotiations".
Funding for the extension of the standard gauge railway from Naivasha to Kisumu was not on the agenda of discussions between Presidents Uhuru Kenyatta and China's Xi Jinping, State House has said.
Chief of Staff Nzioka Waita issued a statement on Saturday, following reports that China declined to give Kenya a Sh368 billion loan.