Nipate
Forum => Kenya Discussion => Topic started by: RV Pundit on January 22, 2016, 09:54:49 AM
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http://edition.cnn.com/2016/01/18/africa/gallery/kenya-megaprojects/
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Nice images.
Let us be frank. LAPPSET is as good as dead. Ethiopia has opted to go through Djibouti and S. Sudan is good as a non starter nation. Oil prices are down and nobody will invest in oil projects in the next 5 years.
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I think oil pipeline and railway are not feasible for now. But the port and road connecting Lamu to Garissa to Meru to Moyale--and maybe to turkana-- make economic sense.
Nice images.
Let us be frank. LAPPSET is as good as dead. Ethiopia has opted to go through Djibouti and S. Sudan is good as a non starter nation. Oil prices are down and nobody will invest in oil projects in the next 5 years.
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The road should be built but a railway will not work without Ethiopia and S. Sudan. How will Kenya alone finance it? We already have enoough in our hands with SGR from Mombasa to Nairobi.
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Yes in the medium term..it make no sense. Galana-Kulalu is another one facing head winds. And so is Konza city. Good to dream and be ambitious as a country though.
The road should be built but a railway will not work without Ethiopia and S. Sudan. How will Kenya alone finance it? We already have enoough in our hands with SGR from Mombasa to Nairobi.
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As China adjusts there are hard pills to be swallowed.
Some projects will have to be called back or cancelled.
Ethiopia will be a good player.
Tanzania will benefit from strong governance.
Rwanda wil be neutral, so will Kenya, and Uganda.
Sudan and Burundi a dud!
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http://edition.cnn.com/2016/01/18/africa/gallery/kenya-megaprojects/
If Uhuru goes forward, then the interest rates on this project will be astronomical.