Jubilee Development - French FDI 3 billion euros investment into Kenya

spear

Village Sponsor
#1
Kenya and France have signed deals worth 3 billion Euros.

1. Vinci secures 30-year concession worth 1.6 billion euros to construct and operate toll highway linking Nairobi and Mau Summit.

2. Renewables firm Voltalia sealed a 70 million euro contract for a solar power -plant.

3. French Consortium will build a new rail line linking JKIA (Airport) and the CBD
to be completed by 2021.

4. Airbus-led consortium has signed a 200 million euro deal for coastal and maritime surveillance.

President @UKenyatta and H.E President @EmmanuelMacron of France witness the unveiling of the Peugeot 3008 car model at State House, Nairobi. The vehicle has been assembled in Kenya at the Kenya Vehicle Manufacturers plant in Thika #KenyaFranceRelations| @WilliamsRuto @Elysee https://t.co/oJCnIfIbCB
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#6
Kenya and France have signed deals worth 3 billion Euros.

3. French Consortium will build a new rail line linking JKIA (Airport) and the CBD
to be completed by 2021.
Luwere watu ya Ubers na Taxis...
Otherwise this will be of great relieve, kuanza safari to the airport 3hrs in advance will be over.
 
#8
so basically Uhuru gave french companies business .................alafu, about maritime security ...why not fund the KENYA NAVY to do that , si it's their job anyway ? .......jesus christ , uhunye is a bad manager ..
 
#11
apart from loans and giving away concessions, what did France commit to buy from us?
Vinci will charge you to use the road .......
Nairobi – Mau Summit Highway valued at KSh 181.5 billion (€1.6 billion) to be paid in 30 years.

and the same Frenchies will operate and maintain Southern Bypass - pole Subaru and VW TSI boys no more night runs (more money siphoned out)
Very soon we will be taxed kutembea .

Cheer up guys .
 
#12
Vinci will charge you to use the road .......
Nairobi – Mau Summit Highway valued at KSh 181.5 billion (€1.6 billion) to be paid in 30 years.

and the same Frenchies will operate and maintain Southern Bypass - pole Subaru and VW TSI boys no more night runs (more money siphoned out)
Very soon we will be taxed kutembea .

Cheer up guys .
It's about time we had toll infrastructure projects, it will separate peasants and birrionaires and decongest the city. Plus hiyo ya southern bypass is just maintenance.
 
#13
It's about time we had toll infrastructure projects, it will separate peasants and birrionaires and decongest the city. Plus hiyo ya southern bypass is just maintenance.
uplift peasants livelihood and peace will prevail otherwise one day the peasants will have nothing to eat and they will turn to the fat ,pot bellied , gout infested birrioneas and things will be thick.
 
#17
There is always a hidden clause in the contract penye tunachushwa skuma kisnipper. Utaskia tu ma exposé soon!
This road will cost almost 1 billion per kilometre and that does include cost of purchasing any parcel of land that might be required.Any land compensation will require the govt to dig into its almost empty pocket.
 
#18
I hope in the next round they can make it up to Malaba. So that the express road can go all the way to the border.
But why are will still building roads that don't factor in mass transport - light rail or BRT .Look at Ngong road full steam and no provision even some things kama u turns are mediocre .Angalia Outering no provision for such in future .Tuliwakosea wapi Mkuki to pay top dollar for such developments.
 

Dune

Village Elder
#19
This road will cost almost 1 billion per kilometre and that does include cost of purchasing any parcel of land that might be required.Any land compensation will require the govt to dig into its almost empty pocket.
That is not the main issue as it is clear as day in the contract, what we should be worried about is what are the French taking at the end of the day? Rest assured tutaumizwa in more ways than one!
The SGR contract's details still remain a speculation upto now, but everybody has a bad feeling about it.
 

Dune

Village Elder
#20
Itb
But why are will still building roads that don't factor in mass transport - light rail or BRT .Look at Ngong road full steam and no provision even some things kama u turns are mediocre .Angalia Outering no provision for such in future .Tuliwakosea wapi Mkuki to pay top dollar for such developments.
This is comparable to a kunguru who has multiple partners/"sponsors" and each is waiting eagerly to chunisa us skuma bila lube! The Britons, the Americans, the Chinese and now the French??!!
 
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