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.