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Multiple Business Pacts To Be Signed During Chinese Premier´s Visit To Kenya

Multiple Business Pacts To Be Signed During Chinese Premier´s Visit To Kenya

Chinese Prime Minister Li Keqiang is visiting Kenya over the weekend for a three-day visit during which Kenya and China sign more than 17 new contracts.

Li and President Uhuru Kenyatta will hold bilateral talks and sign the agreements, which will focus on various sectors including transport, communications, health, culture, infrastructure among others.

Rwandan President Paul Kagame, the President of Uganda Yoweri Museveni and South Sudan’s Salva Kiir will be in attendance for the signing.

“While in Kenya, the Chinese PM and President Kenyatta are expected to review the already existing deals including some of the major projects being undertaken by the Chinese government in the country,” reports allAfrica.

This will continue the two countries long partnerships. Over the past 14 years, China has funded more than 70 development projects in Kenya and about 50 Chinese companies have been contracted for close to 80 projects in Kenya with a value of Sh172 billion.

The projects are in roads, railway, housing, water processing, power upgrading,  geothermal wells, ports and airports.