Kenya wants new deals with China for big projects as President Ruto travels there. The government hopes to move away from regular loans that cost too much and instead pursue partnerships between public officials and private companies. This matters because Kenya already has many debts to pay. Foreign Affairs leader Korir Sing'oei talked about these plans in Beijing.
Kenya can't easily take on more loans right now. The country needs creative money solutions that won't burden citizens. One main project they'll discuss is extending the railway to Malaba. Officials believe this railway will make enough money to pay for itself later. Kenya might use its Railway Fund in new ways to find extra cash for infrastructure.
President Ruto starts his five-day visit Monday night. He aims to improve Kenya-China cooperation on building projects and trade. The countries plan to sign agreements about Nairobi's transport system and technical schools. They'll also discuss hospital building grants. Money matters will come up during talks, but technical details stay with Treasury teams.
Kenya can't easily take on more loans right now. The country needs creative money solutions that won't burden citizens. One main project they'll discuss is extending the railway to Malaba. Officials believe this railway will make enough money to pay for itself later. Kenya might use its Railway Fund in new ways to find extra cash for infrastructure.
President Ruto starts his five-day visit Monday night. He aims to improve Kenya-China cooperation on building projects and trade. The countries plan to sign agreements about Nairobi's transport system and technical schools. They'll also discuss hospital building grants. Money matters will come up during talks, but technical details stay with Treasury teams.
