By BUSINESS DAILY
In Summary
Passengers travelling between Nairobi and
Mombasa on the Standard Gauge Railway (SGR) train will pay Ksh700 ($7)
on the economy class, President Uhuru Kenyatta has announced.
President Kenyatta made the directive on the
charges as he flagged off the SGR passenger train dubbed Madaraka
Express on Wednesday.
Cargo charges will not exceed Ksh50,000 ($500) per container, he said.
Kenya Railways had initially announced a Ksh900 ($9) fare for the economy class and Ksh 3,000 ($30) for the business class.
Top Chinese and Kenya government officials attended the launch of the SGR train in Mombasa, on Kenya's Coast.
The President and First Lady Margaret
Kenyatta, along with other government officials, diplomats and other
Kenyans from all walks of life, are riding on the train from Mombasa to
Nairobi in an inaugural trip.
The Ksh327 billion ($3.27 billion) Standard Gauge Railway is a flagship project of President Kenyatta's administration.
On Tuesday, President Kenyatta flagged off a
cargo train at the Mombasa port’s second container terminal. The
ceremony was attended by officials from China Communications
Construction Company and Exim Bank.
“This is a historic moment we are witnessing
today because this project will transform the economy of this country
and all Kenyans,” he said.
China provided loans that were used to
construct the railway, a Vision 2030 flagship project, and its companies
built the line and supplied locomotives.
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