Kenya Railways puts proposed Lapsset SGR cost at $16b; bulk on Isiolo-Nakodok line
Nairobi, Jan. 22 -- Kenya will need at least Ksh2.4 trillion ($16 billion) to construct a proposed Standard Gauge Railway (SGR) on the Lamu Port-South Sudan-Ethiopia-Transport (Lapsset) corridor, according to projections by the Kenya Railways Corporation.
According to the parastatal, it would cost Ksh523.05 billion ($3.49 billion) to build a 544.4 kilometre SGR link to connect Lamu and Isiolo and a further Ksh476.7 billion ($3.178 billion) to extend the line from Isiolo to Moyale over a distance of 475.9km.
The largest spending would be on constructing the SGR line from Isiolo to Nakodok town on the border between Kenya and South Sudan over a distance of 753.2km at a cost of Ksh664.65 billion ($4.431 billion).
Kenya Railways has estima...
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