Economy

Kenya to go on With Handing Over JKIA

Chrispen

Treasury Cabinet Secretary CS John Mbadi has hinted at handing over the Jomo Kenyatta International Airport JKIA to a foreigner.

Addressing the issue on Saturday November 23, the Finance boss said, their government still wants to get the airport facelifted to international standards by a private investor or investors.

“We’re still open to any investor out there who wants to invest to develop JKIA because we must. JKIA is outdated and dilapidated. It’s not an airport that can compete with other airports in the region”.

Mbadi was making the remarks following the historic cancelation of two major deals between Kenya government and the Indian conglomerate Adani Group.

President William Ruto cancelled the deals during his State of the Nation address in the Parliament citing damning evidence of questionable history indicting the Indian group.

This happened shortly after the United States government flagged Adani business empire as corrupt.

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