Chinese Operator of Kenyan Railway Wins Bid for Oil Terminal

  • New terminal’s 400,000-ton capacity eclipses current facility
  • Accord follows bilateral talks at Africa-China leaders’ summit
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China Communications Construction Co., operator of Kenya’s new railway, won a bid to build an oil terminal that will have capacity to store 10 times more than an existing facility, according to the East African nation’s port authority.

Kenya and China signed infrastructure dealsBloomberg Terminal last week after bilateral talks between their leaders, President Uhuru Kenyatta said in a statement following an African heads-of-states summit in Beijing. The accords included the establishment of a special economic zone at Dongo KunduBloomberg Terminal in the port city of Mombasa, where the new terminal will be situated.