Kenya lags behind East African peers on 2019 projects- new survey

Even with the legendary Big Four Agenda overly emphasized as the current government’s main focus, a new survey has revealed that Kenya comes last after closest competitors in Eastern Africa, on matters prospective infrastructure projects in 2019.

He survey by Debtwire, an intelligence service that researches and reports on corporate debt situations, put the value of Tanzania’s prospective infrastructure projects at Sh650 billion, far ahead of Kenya’s Sh50 billion.

Uganda too will be teaming with more lucrative projects compared to Kenya, valued at Sh550 billion.

Kenya’s only project to watch this year, according to authors of the report, is the upgrading of the more than 100km of highway between Nairobi and Magadi at a cost of Sh5 billion.

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Conversely, the construction of a crude oil pipeline linking Uganda and Tanzania, which Kenya lost to the latter, will account for Dar es Salaam’s heavy infrastructure spending this year.

“Tanzania in 2019 will be at the forefront of the infrastructure transactions with the East Africa Crude Oil Pipeline (EACOP) project,” reads part of the report which listed seven transactions in the region among Tanzania, Uganda, Kenya, Djibouti, and Ethiopia.

Tanzania will also build a 1,057km rail, the second phase of a 2,561km railway project masterplan.

In Uganda, the authors of the report expect a major oil downstream transaction to approach the market next year, with front-end engineering design for a Sh400 billion having been agreed upon.

The other project in Uganda that is on their radar include progress on the 95km Kampala-Jinja highway, with the cost of the project estimated at Sh150 billion.

Kenya’s only project to watch this year, according to authors of the report, is the upgrading of the more than 100km of highway between Nairobi and Magadi at a cost of Sh5 billion.

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