Emerging Markets, Frontier Markets

A Chinese Company Is Building A Railway Through Nairobi’s National Wildlife Sanctuary

Originally posted on Quartz:

A Chinese-funded multi-billion dollar rail link between Kenya’s capital and the port city of Mombasa will cut through Nairobi’s national park for wildlife, according to officials.

After months of back and forth, officials agreed late last week to allow 11km of track to pass through Nairobi National Park, a 117 square kilometer (45 square-mile) swathe of land in the south of the city, home to zebras, giraffes, leopards, cheetahs, lions and other animals. Parts of the track will be elevated and walled off, while an underpass will be built for animals and tourists. Fencing will be built to protect animals from the railway, believed to be the country’s largest infrastructure project since independence.

“I think it’s a pragmatic alternative, which this country needs,” said Richard Leakey, the renowned conservationist who is chairman of the Kenyan Wildlife Service. The alternative route for the $13.8 billion standard gauge railway (better known as just SGR) being built by the state-owned China Road and Bridge Corporation…

View original 159 more words

About ETFalpha

Consultant & Founder of ETFalpha ◦ Chief ETF Strategist & Co-Founder of EMerging Equity

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Follow Us On Social Media

Google Translate

Like Us On Facebook

The SSE Intl Roadshow

The Saudi Stock Exchange International Roadshow

Our Discussion Groups

Facebook Group
LinkedIn Group

Follow EMerging Equity on WordPress.com

Our Social Media Readers

Digg
Feedly
Follow

Get every new post delivered to your Inbox.

Join 223 other followers

%d bloggers like this: