Monday, January 30, 2017

Chinese Companies Win Most Big Construction Contracts in Kenya

Kenya's Business Daily published on 26 January 2017 an article titled "How China Contractors Drove Kenyan Firms Out of Mega Projects" by Victor Juma.

The article documents the challenges facing Kenyan construction companies that have not been able to compete successfully against Chinese companies for large construction contracts largely due to their inability to obtain comparable financing. As a result, they are going out of business or only able to win contracts for small projects.