Kenya: Chinese takeover
Kenya: Chinese takeover
The Standard - October 12, 2008
Underneath these chummy interactions, China has made an unprecedented entry into Kenya, consolidating its presence in some of the lucrative sectors such as civil engineering projects. It has edged out big boys from Europe who dominated the sector for decades and, in the process, left a sour taste among local companies.
Local and foreign companies can only look with envy as Chinese companies gobble up contract after contract, which some estimate to be worth Sh150 billion of government jobs at the moment.
In the Ministry of Roads and Public Works alone, Chinese firms hold contracts worth Sh80 billion in road and bridge construction and rehabilitation works. Read More.
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