17.6 C
Nairobi
Saturday, April 27, 2024

Kigen Moi: Little Known Gideon Moi’s Son At The Helm Of Multi-billion Power Plant Sosian Energy

Kigen Moi is the company director of Sosian Energy  Gideon Moi's first born is an alumnus of Bristol University in England  Over the weekend,...

The Top Five Tailors In Kenya

HomenewsUK To Pump Ksh 11.9 Billion Into Construction Of Nairobi Railway City,...

UK To Pump Ksh 11.9 Billion Into Construction Of Nairobi Railway City, To Be Developed By British Architects

The United Kingdom (UK) has pledged Ksh 11.9 billion for a construction project on Kenya Railways land.

The green city will have amenities such as office blocks, malls and a light industrial, a move that seeks to decongest the city and create new jobs.

The facility which will be designed by British architects will create about 200,000 jobs as it will host most industries and SMEs.

The city will sit on a 425-acre land piece, of which Kenya Railways owns 292 acres.

The ground-breaking of the project was officiated by UK Foreign Secretary James Cleverly on Wednesday, December 7.

“The strategic location of the Nairobi Central Railway Station area positions it perfectly to be an iconic nerve centre for the Nairobi Multimodal Transport System with a world class new Central Railway Station incorporating mixed use commercial developments, hotels and intermodal facilities,” said KRC.

The project was conceived during former President Uhuru Kenyatta’s time in office.

As earlier reported on WoK, President William Ruto and the new UK Prime Minister Rishi Sunak met during the UN Climate Change Conference (COP27) in Egypt on Monday, November 7.

During their meeting, the two leaders agreed to continue with the KSh 500 billion British investment projects in Kenya.

The projects are spread across the green energy, agriculture and transport sectors.

The projects which are set to be fast-tracked following the deals are United Green, Grand High Falls dam, Malindi Solar Expansion and Menengai Geothermal.