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Kenya : Co-financing Deal on East African Railway signed by China and Kenya

May 12, 2014

A co-financing deal to build a railway linking Nairobi to Mombasa, a critical infrastructure project to boost regional trade and deepen integration in East Africa is signed by China and Kenya.

The signing of the agreement was witnessed by visiting Chinese Premier Li Keqiang, together with presidents of Kenya, Uganda, Rwanda and South Sudan as well as representatives from Tanzania, Burundi and the African Development Bank.

Li said that the presence of the African leaders and their representatives demonstrated African countries common desire to develop railway network in East Africa.

Li said that a country has to improve transportation infrastructure before its economy takes off , adding that China is prepared to share its technology and experience in railway construction with all parties and cooperate with them in project design, construction, equipment, management, personnel training and financing.

The premier said that interconnection in East Africa and in Africa at large will fundamentally boost economic development of African countries.

During his Africa tour, Li had said that China is willing to join hands with Africa to build the continent s networks of high-speed railway, expressway and regional aviation.

He said that the Mombasa-Nairobi railway is an important part of those networks.

He said that China will improve communication and coordination with countries concerned and the African Union (AU), and at the same time welcome the participation of a third party so as to realize mutual benefits and win-win results.

The East African leaders said at the ceremony that the Mombasa-Nairobi railway will increase transport capacity of East African countries, accelerate interconnection and regional integration of East Africa and boost East African countries economic development.

Li said that the building of the railway is a good start, and China is ready to work with Kenya to turn the railway into a model project.

Mentioning that China has abundant experience and excess capacity in infrastructure construction, Li assured African countries that the Chinese equipments will meet their demand and have guaranteed quality.

He in addition said that the Chinese companies participating in the project will be asked to take on local people and provide them with training.

Li said, "Chinese companies have to abide by local rules and respect local customs during their operations here, and they have to fulfill their due social responsibilities .

Li said that since China is the world s largest developing country and Africa is the continent with the largest number of developing countries, they are complementary in their advantages and their development offers opportunities to each other.

He added that the common development of China and Africa will not only benefit a combined population of two billion, but also change the global development pattern.

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Source: TendersInfo (India)

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