China wins $2.9 bn Kenya airport project, 50% more than dropped Adani bid

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• Business StandardCenter·2h ago

  China wins $2.9 bn Kenya airport project, 50% more than dropped Adani bid

  Kenya has awarded a USD 2.9 billion contract to China Communications Construction Co (CCCC) to expand and modernise Nairobi's Jomo Kenyatta International Airport (JKIA), marking a return to large-scale Chinese-backed infrastructure development nearly two years after the collapse of a proposed deal with India's Adani Group. The contract value is roughly 50 per cent higher than Adani Group's proposed airport concession, which was estimated at about USD 2 billion before being scrapped by President…

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