Investment plan

UK backs Kenya rail hub as part of $1bn investment plan

Tuesday, January 18, 2022 3:39 p.m.

The UK is supporting the development of a rail hub in Kenya as part of a five-year investment plan worth $1 billion. (Photo by Christopher Furlong/Getty Images)

The UK is supporting the development of a rail hub in Nairobi, Kenya’s capital, as part of a five-year investment plan worth $1 billion.

Under the partnership, Epsom-based engineering firm Atkin Global will design an eight-platform central rail station and public space, as well as 425 acres of commercial and residential developments, Reuters reported.

In its initial phase, the project, which was agreed two years ago between Prime Minister Boris Johnson and Kenyan President Uhuru Kenyatta, will cost 1.35 billion Kenyan shillings, which will be paid for by the British government.

“We are putting in place this ambitious strategic partnership that has been agreed upon by our two national leaders,” said Africa Minister Vicky Ford.

Climate finance and investments in various sectors will be part of the five-year, $1 billion plan.