What is hard with Uhuru, Ruto, Macharia providing the SGR Feasibility Studies?

[gout]

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What happened given they have feasibility figures by the fingertips when shutting down Kenyan commentators of the SGR. Or is it evident Ruto is eating a bigger pie than Uhuru thus need for the fisibility study?

 'we have the projections ....number of trains ... figures couples of weeks?'

China Communications Construction Company and local KR proxies already ate the feasibility study billions

Where is Museveni on SGR?? Seems he is more on roads..

[RVtitem]

Seems you forget this was a government to government project that we were told didn't require any feasibility. That the returns were obvious and that negativos should shut up

[Kadudu]

There is nothing like "government to government project". A big lie so as not to undergo the obligations of tendering a project and single sourcing of the suppliers.
China can give you a loan to build a project but would never force you to give it to a particular Chinese company. There are several Chinese companies that build railways and one can tender the project giving one condition that the winner has to come from China.

Seems you forget this was a government to government project that we were told didn't require any feasibility. That the returns were obvious and that negativos should shut up

[RVtitem]

There is nothing like "government to government project". A big lie so as not to undergo the obligations of tendering a project and single sourcing of the suppliers.
China can give you a loan to build a project but would never force you to give it to a particular Chinese company. There are several Chinese companies that build railways and one can tender the project giving one condition that the winner has to come from China.

Seems you forget this was a government to government project that we were told didn't require any feasibility. That the returns were obvious and that negativos should shut up

Then it's safe to speculate that Uhuru could be shareholder by proxy in monopolist China road and bridge corp kenya

[vooke]

There is nothing like "government to government project". A big lie so as not to undergo the obligations of tendering a project and single sourcing of the suppliers.
China can give you a loan to build a project but would never force you to give it to a particular Chinese company. There are several Chinese companies that build railways and one can tender the project giving one condition that the winner has to come from China.

Seems you forget this was a government to government project that we were told didn't require any feasibility. That the returns were obvious and that negativos should shut up

Then it's safe to speculate that Uhuru could be shareholder by proxy in monopolist China road and bridge corp kenya

How else do you think they ate the loot?

[Kadudu]

No need to speculate. He is a shareholder in all the contracts China Road and Bridges Corporation (CRBC) gets in Kenya. Minimum 10% of the contract. Jimmy Wanjigi introduced him to CRBC with the idea of buildng the SGR. Uhuru then realised he did not need to share the loot with Jimmy and kicked him out. Hence the fallout of the two bossom friends.

Then it's safe to speculate that Uhuru could be shareholder by proxy in monopolist China road and bridge corp kenya

[MOON Ki]

To be "fair", it must be noted that quite a few other people also "ate" from the SGR.   E.g.: https://www.standardmedia.co.ke/business/article/2001284378/taxpayers-lost-more-than-sh4-billion-in-sgr-land-deals

How many people have "invested" in land on the Naivasha-Kisumu line and are now waiting to reap?   This line surely must be built.

[MOON Ki]

What happened given they have feasibility figures by the fingertips when shutting down Kenyan commentators of the SGR. Or is it evident Ruto is eating a bigger pie than Uhuru thus need for the fisibility study?

What feasibility studies?   According to Global Construction Review, Uhuru, operating kienyeji style,  went to Beijing with a contract ready to be signed.  Kung Fu asked "Where are the viability studies?".   Uhuru said "Oops!" and returned home.   Looks like Kung Fu is taking note of what's gone on with Phase 1. 

Article: http://www.globalconstructionreview.com/news/china-holds-back-funding-latest-kenya-railway-phas/

[RV Pundit]

Sgr is viable but phase 3 to kisumu budget has ballooned to 4b.

[MOON Ki]

Sgr is viable but phase 3 to kisumu budget has ballooned to 4b.

Sounds good.  Better get that information to Kung Fu real quick.   They are ones that seem concerned.

[RV Pundit]

I am sure they will be pleased with numbers like I am.

Sounds good.  Better get that information to Kung Fu real quick.   They are ones that seem concerned.

[Kadudu]

You have the numbers and the Transport CS does not have them?

I am sure they will be pleased with numbers like I am.

[RV Pundit]

I got the numbers from him.

You have the numbers and the Transport CS does not have them?

[Kadudu]

He was in China negotiating without the numbers. Why did you not just give him back the figures he gave you? Now he has to come back to Kenya, collect the figures and go back to China to negotiate.

I got the numbers from him.

[RV Pundit]

Why are you in a hurry - Phase 2A - to Naivasha is far from complete - they are about 60% done with railway work - there are mapping the dry port - and there is ongoing survey for industrial park - so I am sure ministers will furnish Exim bank of China with figures. We are already 8 trains - that is maybe 5yr projection achieved in 8 months - are set for 14 trains - 28 trips a day by december - so yes the number are so solid - right now there is no space to put containers in Nairobi - so hopefully when Naivasha's dry port is complete that will solve the problem - and containers destined to west of Nairobi - can be shunted there.

He was in China negotiating without the numbers. Why did you not just give him back the figures he gave you? Now he has to come back to Kenya, collect the figures and go back to China to negotiate.

[RV Pundit]

It appears Uganda will most likely pull out. Museveni is already spread too thin debt wise - and is also thinking about TZ line. Therefore China need new feasibility study that factor that.

So with Uganda pulling out - the line to Malaba will not make sense - I still think we should terminate at Kisumu - then work on a naivasha to Nakuru to Eldoret line. Then SGR would have covered kenya 5 cities.

From Kisumu - Ugandans & others can choose to use lake victoria or transport with trucks. From Eldoret - they can use the old MGR or roads.

After that we need to get Light Train in Nairobi. Then revive the old MGR -- all over the country - because in 10yrs - SGR will not be enough - even with double stacking.

https://www.independent.co.ug/railway-officials-take-750bn-in-bribes/

[Kadudu]

To finance all these projects Kenya will have to raise VAT to 40% on all products.

It appears Uganda will most likely pull out. Museveni is already spread too thin debt wise - and is also thinking about TZ line. Therefore China need new feasibility study that factor that.

So with Uganda pulling out - the line to Malaba will not make sense - I still think we should terminate at Kisumu - then work on a naivasha to Nakuru to Eldoret line. Then SGR would have covered kenya 5 cities.

From Kisumu - Ugandans & others can choose to use lake victoria or transport with trucks. From Eldoret - they can use the old MGR or roads.

After that we need to get Light Train in Nairobi. Then revive the old MGR -- all over the country - because in 10yrs - SGR will not be enough - even with double stacking.

https://www.independent.co.ug/railway-officials-take-750bn-in-bribes/

[RV Pundit]

I think selling safaricom shares will get us nearly 4B dollars - enough to finance about half of those railway projects - we then can borrow half. Selling 40% of Kenya Pipeline, National Oil & Kenya Ports Authority will be enough to finance about half of LAPSET. Selling of Nairobi City residential estate lands - will be enough to finance Light Train in Nairobi.

Gov has to bring back privatization on the table....sell mature cash-generating parastals - and invest in Kenya Railways - and once KR is profitable - then sell it and finance something else.

We are investing in public companies...we should re-coup early investments in Safaricom, National Oil, KCB, KAA, KP, name them.

To finance all these projects Kenya will have to raise VAT to 40% on all products.

[Kadudu]

Once all those parastals and govt shares are sold, how will the govt finance future projects?

I think selling safaricom shares will get us nearly 4B dollars - enough to finance about half of those railway projects - we then can borrow half. Selling 40% of Kenya Pipeline, National Oil & Kenya Ports Authority will be enough to finance about half of LAPSET. Selling of Nairobi City residential estate lands - will be enough to finance Light Train in Nairobi.

Gov has to bring back privatization on the table....sell mature cash-generating parastals - and invest in Kenya Railways - and once KR is profitable - then sell it and finance something else.

We are investing in public companies...we should re-coup early investments in Safaricom, National Oil, KCB, KAA, KP, name them.

To finance all these projects Kenya will have to raise VAT to 40% on all products.

[RV Pundit]

Gov is investing in other parastals. For example- KR will have assets worth 10B dollars - once China are in Kisumu - and we can sell some Kenya Railways shares - esp if as I believe it will be rivaling Safaricom in revenues. We are doing public investments. We are not selling to eat the money. Gov need to invest in Konza City - that Konza city will be worth a lot in 20yrs - just like Safaricom or Kenya pipeline or KPA.

Once all those parastals and govt shares are sold, how will the govt finance future projects?