Business Daily | by Edwin Mutai
The Chinese firm that will build and operate the Nairobi Expressway will earn an estimated Sh106.8 billion profit for the 27 years it will own the double-decker road.
China Road and Bridge Corporation (CRBC), which built the Sh474 billion Mombasa-Naivasha standard gauge rail (SGR), will earn $977 million (Sh106.8 billion) as dividend and other incomes from the $2,765 million (Sh302.4 billion) revenues that are expected from the mega road.
This means that CRBC through its local arm — Moja Expressway Company — will pocket an estimated Sh3.9 billion annually…
