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Old Posted Oct 13, 2014, 1:41 PM
eqariu eqariu is offline
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Kenya turns to bonds to finance infrastructure and other projects

Kenya is offering infrastructure bonds for the first time in order to cover its spending needs in the expanding transportation networks and electricity infrastructure.

According to the Central Bank of Kenya, the 12-year bonds are worth US$ 168million at a fixed rate of 11%. The sale of the bonds close on October 21st and the money will be used in financing infrastructure such as roads, energy, water and irrigation projects in the country.

Please read more here:
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Old Posted Sep 14, 2021, 12:59 PM
Dithe1999 Dithe1999 is offline
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Interesting, I hope a lot of things have improved by now.
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Old Posted Oct 15, 2021, 5:30 AM
joyinewerhat9 joyinewerhat9 is offline
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I've been there a few years back and I can say that their improvements are a blast. I just don't know how they do this pandemic but I hope that they are much in a better state than before. concrete staining birmingham
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Old Posted Oct 25, 2021, 8:27 AM
Olivia Tucker Olivia Tucker is offline
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Kenya Vision 2030: construction materials market is set for booming

Yes, Kenya's heavy investment in infrastructure is related to its Vision 2030, which aims to transform Kenya into a newly industrializing “middle-income country providing a high-quality life to all its citizens by the year 2030”.
The infrastructure sector is one of the foundations of the three pillars namely the economic pillar, social pillar, and political pillar which is expected to provide cost-effective world-class infrastructure facilities and services in support of Vision 2030.
Therefore it is no wonder heavy investment pouring into the infrastructure industry.
There are several ongoing railway projects, like a new railway line from Jomo Kenyatta International Airport (JKIA) to Syokimau in March 2021, and a commuter rail system between Kisumu and Mombasa.
In addition, the government allocated KSH 24.03 billion to tarmac and maintain 18, 406km of roads in 2021 for further connectivity.
The Kenyan government also attaches great importance to the building industry.
All these measures will set the construction materials market to boom, especially ballast, the important material in railway, road, building construction. That will spur demand for the ballast stone crushers.

Last edited by Olivia Tucker; Oct 25, 2021 at 8:29 AM. Reason: wrong position of link
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