KENYAN LAWMAKER SAYS CHINA FUNDED RAILWAY WILL BE BOON TO THE ECONOMY

The Chinese-funded Standard Gauge Railway (SGR) linking Kenya’s port city of Mombasa to the capital, Nairobi, will be a boon to the country’s economy and livelihoods, a senior lawmaker says.

Adan Duale, the Leader of Majority in the Kenyan Parliament, says in a commentary published by a local newspaper that the SGR will be a transformative infrastructure project.

“The SGR project will stimulate the economy in diverse ways. It will be a boon to areas it passes through, spawning new trading centres and hubs,” Duale says.

He adds that incomes for ordinary Kenyans will rise substantially while the country’s goss domestic product (GDP) will increase by 1.5 percentage points once the 472-kilometre railway is commissioned next year.

Duale notes that the construction of the modern railway line dovetails with the government’s socio-economic transformation agenda.

“The current administration is committed to revolutionizing transport system through development of a modern railway. Good roads and a modern railway will have ripple effects across key economic sectors,” says Duale.

He notes that the agriculture and manufacturing sectors will be the greatest beneficiaries of the SGR project. Kenya anticipates vibrant cross-border trade in goods and services upon completion of the railway.

Duale says that that besides reducing congestion at the port of Mombasa, the Standard Gauge Railway will also encourage movement of skilled personnel across borders. The SGR project will hasten Kenya’s industrialization process and boost its competitiveness in a globalized world.

Duale notes that a modern railway line will ease movement of manufactured goods across borders.

“It will be possible to transport goods churned out by local factories efficiently once the SGR project is operational. The modern railway will also boost Kenya’s standing as an investment destination,” Duale says.

Source: NAM NEWS NETWORK