China signs mega east Africa rail deal [View all]

[FarCenter]

China on Sunday signed a deal to build a $3.8 billion rail link between Kenya's Indian Ocean port of Mombasa and Nairobi, the first stage of a line that will eventually link Uganda, Rwanda, Burundi and South Sudan.

Under the terms of the agreement, Exim Bank of China will provide 90 percent of the cost to replace the crumbling British colonial-era line with a 609.3 kilometre (379 mile) standard-gauge link and Kenya the remaining 10 percent.

Construction is due to start in October and take three-and-a-half years to complete, with China Communications Construction Co. as the main contractor.

Once the Mombasa-Nairobi line is completed, construction would begin to link east Africa's largest economy with Kampala, Kigali, Bujumbura and Juba.

http://www.france24.com/en/20140511-china-signs-mega-east-africa-rail-deal/