Main Menu

Kenya Railways begins termination of RVR concession

Want create site? Find Free WordPress Themes and plugins.

Kenya Railways has began the process of terminating the concession agreement with Rift Valley Railways.

Managing Director Athanas Maina says the concessionaire has not lived up to contract terms leading to poor service and deterioration of railway transport services in the country.

The government sealed a 25-year concession contract with the Rift Valley Railways which was once billed as the best option to revamp the then ailing Kenya Railways Corporation.

However, Kenya Railways now says RVR has failed to meet the set operating targets.

Maina says the take back exercise of assets from RVR will be done in a way that mitigates as well as minimizes the social impact on the RVR employees and the economic impact to Uganda which still uses the service.

He says Kenya will not incur any losses after termination of the contract with RVR while the concessionaire will have to settle any cash owed to lenders including IFC and the African Development Bank.

Kenya Railways has introduced new stops at Mtito Andei and Voi to minimize the social impact to businesses along the line.

He says among the areas to benefit from Phase Two of the SGR Project is a Special Economic Zone to be based in Suswa that will take advantage of cheap electricity from the geothermal fields to manufacture goods that will be ferried to Mombasa for export.

The SGR line will pass through Narok, Bomet to Kisumu then extended to Malaba via Mumias.


Did you find apk for android? You can find new Free Android Games and apps.
Sharing is caring:

5 Comments to Kenya Railways begins termination of RVR concession

  1. kevin says:

    voilà un petit test pour voir. En effet je veux absolument que mes liens s’indexent bordel. Ca fait trop là sinon mes amis.

  2. Landon Fiorello says:

    Hey! I just wanted to ask if you ever have any problems with hackers? My last blog (wordpress) was hacked and I ended up losing several weeks of hard work due to no data backup. Do you have any solutions to prevent hackers?|

  3. Pia Trivedi says:

    Do you have a spam issue on this blog; I also am a blogger, and I was curious about your situation; many of us have developed some nice methods and we are looking to trade solutions with others, please shoot me an e-mail if interested.|

  4. Wendell Aasen says:

    Have you ever thought about creating an ebook or guest authoring on other websites? I have a blog centered on the same subjects you discuss and would really like to have you share some stories/information. I know my audience would value your work. If you are even remotely interested, feel free to send me an e mail.|

  5. Bryanna Silmon says:

    I used to be recommended this web site by way of my cousin. I am no longer certain whether or not this post is written by means of him as nobody else know such specific approximately my difficulty. You are amazing! Thank you!|