({{Bloomberg}}) — {Kenya’s National Land Commission paid a total of 475 million shillings ($5.19 million) to 301 people living along the route where a standard gauge railway is being built.
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The payment made on Feb. 13 was the latest in a series of distributions to landowners, the state-owned Kenya Railways Corporation said in a statement published in the Standard, a Nairobi-based newspaper.
“So far approximately 5.6 billion shillings of the amount approved by the national treasury has already been released, with close to 2.1 billion shillings still in the pipeline,” the corporation said.
Valuation of land along parts of the railway route is under way and will be completed by the end of March, according to the statement.
The Export-Import Bank of China in May agreed to finance 90 percent of the cost of constructing the railway line that will eventually link to Uganda, Rwanda, Burundi and South Sudan.
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