Kenya opens Chinese-built railway linking Rift Valley town to Nairobi

Kenya’s President Uhuru Kenyatta is due to open a new $1.5 billion Chinese rail line on Wednesday linking the capital Nairobi to the Rift Valley town of Naivasha, despite delays in establishing an industrial park there to drive freight traffic. The development of Kenya’s railways has been part of China’s “One Belt, One Road” initiative, a multi-billion dollar series of infrastructure projects upgrading land and maritime trade routes between China and Europe, Asia and Africa. Kenya had planned to open an industrial park in Naivasha, offering companies tax breaks for investing in manufacturing, and preferential tariffs for electricity generated in the nearby geothermal fields.

Source: yahoo.com/news