Li Chao of Shandong Hi-Speed Nile seeks MIGA guarantee for Kenya highway project

Li Chao of Shandong Hi-Speed Nile seeks MIGA guarantee for Kenya highway project

The Chinese company director requested risk coverage to the tune of $145 million for its work in the north of the country.

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            ▪ Li Chao of Shandong Hi-Speed Nile seeks MIGA guarantee for Kenya highway project

▪ The Chinese company director requested risk coverage to the tune of $145 million for its work in the north of the country.

https://www.africabusinessplus.com/en/807550/li-chao-of-shandong-hi-speed-nile-seeks-miga-guarantee-for-kenya-highway-project/

Having raised the funds for the rehabilitation of the A13 road, the Chinese group is covering its back. Shandong Hi-Speed Nile Investment Company, one of China’s leading construction players with multiple projects on the African continent, applied to the Multilateral Investment Guarantee Agency (MIGA) to support its Kenyan project.

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