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Did you know it’ll take Kenya more than 640 years to repay the SGR UhuRuto loan? here is how

Did you know it’ll take Kenya more than 640 years to repay the SGR UhuRuto loan? here is how

June 13, 2017 Leave a Comment

By Alberto N. Amenya

The train carries around 700 passengers and each passenger pays 700. There are two services daily, one from Mombasa and the other one from Nairobi

Therefore, the total revenue generated is Sh1.4million per day.

The total SGR project cost Sh327 billion.If you divide the figure by the daily revenue collection, the number of days it would take to accumulate enough to return the initial investment is 233, 571 days.

Now, if we convert this into years, by simply dividing it by 365 days, it will bring us to 640 years. In short, the project was not worth it.

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