Kenya to spend another KES 380 billion Chinese loan on construction of Naivasha-Kisumu SGR The Kenyan Government has secured Sh 155 Billion Funding from the Exim Bank of China for the construction of Phase Two of the 490Km Standard Gauge Railway (SGR). The project will be constructed by the China Road & Bridge Construction Company and will traverse Naivasha, Narok, Bomet, Nyamira, Kisumu, Yala, Mumias to Malaba.
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Civic officials from the assessment and collectors department said this due amount is undisputed and pursuing it could be smoother in comparison to the disputed dues running into Rs 9,430 crore.
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Russian billionaire Vladislav Doronin of OKO Group breaks ground on Missoni Baia condo in Miami Edgewater – South Florida Business Journal NJ Development Gets $52M The new owners of an embattled fort lauderdale beach hotel project just secured a $51.5 million loan to complete construction of the building. A company tied to Rhode Island-based Magna.
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