Kenya inks deal with France to build modern railway line
Thursday, 14 March 2019
Kenya has signed infrastructure contracts with France worth more than 2.0 billion euros (2.26 billion US dollar).
They have inked the deal on Thursday, including a 1.6 billion euro 30-year concession for a Vinci-led consortium to operate a highway between Nairobi and Mau Summit.
Renewables firm Voltalia also sealed a €70 million contract for two solar power plants, while an Airbus-led consortium won a €200 million contract for coastal and maritime surveillance.
The contracts were signed during a visit by President Emmanuel Macron, who is seeking to boost trade in the East Africa region, reports Reuters.