On 26 September on the fringes of the 73rd session of the UN General Assembly, President Uhuru Kenyatta once again met with Brendan Bechtel, the CEO of Bechtel, the company in charge of works on the Mombasa-Nairobi highway.
Also present were the US Under Secretary of Commerce for International Trade, Gilbert Kaplan, and Ray Washburne, the CEO of Overseas Private Investment Corp (OPIC). The goal of the meeting, like Gilbert Kaplan's visit to Kenya in late June, was to urge Nairobi once again not to abandon this project, which is costed at $3 billion . According to our information, the president, who is struggling with budgetary constraints and is trying to reduce his dependence on Chinese loans , refrained from giving any guarantees that the project would continue. The various parties have agreed to meet again in Nairobi in the course of October.
Source - (AI)
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Also present were the US Under Secretary of Commerce for International Trade, Gilbert Kaplan, and Ray Washburne, the CEO of Overseas Private Investment Corp (OPIC). The goal of the meeting, like Gilbert Kaplan's visit to Kenya in late June, was to urge Nairobi once again not to abandon this project, which is costed at $3 billion . According to our information, the president, who is struggling with budgetary constraints and is trying to reduce his dependence on Chinese loans , refrained from giving any guarantees that the project would continue. The various parties have agreed to meet again in Nairobi in the course of October.
Source - (AI)
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