China signs mega East Africa rail deal

While the west fumbles in the Ukraine, China is sowing up long term development in Africa. All without having to fire a shot, or finance, or overthrow any elected government. So one must wonder what $5 billion gets in the Ukraine, other than a major headache, costing tens of billions more and causing major tension across Europe vs China. So now China instead is spending $3.8 billion to build a rail link in Africa which will be a part of their infrastructure for a very long time. Seems like a total loss for America and a win win for China. When Dummies run America collapse is only a matter of time.


Chinese Premier Li Keqiang (2ndL) gives a speech as Kenyas President Uhuru Kenyatta (C) shakes hands with Rwandas President Paul Kagame (R) beside Ugandas President Yoweri Museveni (L) on May 11, 2014, during the signing ceremony of the Standard Gauge Railway agreement at the State House in Nairobi. AFP PHOTO

New Vision
12 May 2014

NAIROBI - China on Sunday signed a deal to build a $3.8 billion rail link between Kenya's Indian Ocean port of Mombasa and Nairobi, the first stage of a line that will eventually link Uganda, Rwanda, Burundi and South Sudan.

Under the terms of the agreement, Exim Bank of China will provide 90 percent of the cost to replace the crumbling British colonial-era line with a 609.3 kilometre (379 mile) standard-gauge link and Kenya the remaining 10 percent.

Construction is due to start in October and take three-and-a-half years to complete, with China Communications Construction Co. as the main contractor.

Once the Mombasa-Nairobi line is completed, construction would begin to link east Africa's largest economy with Kampala, Kigali, Bujumbura and Juba.

The deal was signed at State House in Nairobi and witnessed by presidents Uhuru Kenyatta of Kenya, Yoweri Museveni of Uganda, Paul Kagame of Rwanda and Salva Kiir of South Sudan.

"This project demonstrates that there is equal cooperation and mutual benefit between China and the East African countries, and the railway is a very important part of transport infrastructure development," Chinese Premier Li Keqiang said.

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