Nation | by David Mwere
The Standard Gauge Railway (SGR) failed to break even for the fourth year running as operational costs remained high amid dwindling revenue, raising questions over the feasibility of the project that cost taxpayers billions of shillings.
The Mombasa-Nairobi SGR project, operated by China Communications Construction Company, cost taxpayers Sh327 billion with the Nairobi-Naivasha extension line costing another Sh150 billion.
The financing of the two SGR lines is largely in loans from the Chinese government…
