[kictanet] .KE SGR + CNBC - Why The US Has No High-Speed Rail

[Ngigi Waithaka]

Public Infrastructure projects might not have a P&L but they need to make
economic sense and also return commensurate economic value!

Every coin spent on Infrastructure is a coin that would have been otherwise
spent on better healthcare, education, security etc

And that is why Public Sector ideally seeks to implement these projects at
lowest cost since if the cost exceeds a certain point they actually retard
the economy.

And thats how you get your White Elephants!

Jury is still out on SGR! For now though, its made our import costs from
Mombasa almost 2x!

Regards
On Fri, 10 May 2019, 19:17 Ali Hussein via kictanet, <
kictanet at lists.kictanet.or.ke> wrote:

> Interesting take.
>
> Just one thing. Infrastructure projects are not really supposed to break
> even. This is not a Profit and Loss situation. The ramifications of great
> infrastructure supersede the profit motive.
>
> Regards
>
> *Ali Hussein*
>
> *Principal*
>
> *AHK & Associates*
>
>
>
> Tel: +254 713 601113
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> Twitter: @AliHKassim
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> On Fri, May 10, 2019 at 11:20 AM S.M. Muraya via kictanet <
> kictanet at lists.kictanet.or.ke> wrote:
>
>> Interesting documentary here..
>> Why The US Has No High-Speed Rail - https://youtu.be/Qaf6baEu0_w
>>
>> Even with digital transformations, the USA is still creating (service
>> industry jobs) which require movement of people + cargo, not just movement
>> of money (online banking services).
>>
>> MAYBE, the KE SGR will break even in 30 years (serving over 90 Mln
>> Kenyans) if Kenyan SMEs are empowered to create more jobs all over Kenya.
>>
>>
>> http://www.worldbank.org/en/news/opinion/2010/04/28/demographic-transition-growth-kenya
>>
>>
>> worldpopulationreview.com/countries/kenya-population/
>>
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