Senator Onyonka Speaks Out Minutes After Raila Declared Support for Adani Deal
News Hub Creator6h
Senator Richard Onyonka has addressed concerns following Raila Odinga’s endorsement of the Adani deal. He stressed the importance of ensuring that the deal is conducted legally, emphasizing that Kenyans deserve value for their money from such initiatives. His comments come amid discussions about leasing Jomo Kenyatta International Airport (JKIA) to the Adani Group.
Earlier,Raila Odinga, leader of the Orange Democratic Movement (ODM) endorsed the Adani deal, highlighting its potential benefits for Kenya’s struggling economy. Speaking in Mombasa Raila praised public-private partnerships (PPP) as vital for addressing economic challenges and described the Adani Group as a “credible partner” with a successful track record.
Raila recalled being introduced to Gautam Adani by Indian Prime Minister Narendra Modi and mentioned that Adani’s interest in Kenya dates back to 2010, hindered by a lack of legal frameworks for PPPs. He acknowledged concerns regarding the management of PPP processes for JKIA and the energy sector, stressing the need for legal improvements to boost investor confidence.
Recently, the Adani Energy Group signed Kenya’s first PPP-funded power project to enhance the country’s electricity infrastructure, a deal valued at approximately Ksh 95.68 billion (USD 736 million).
Link
https://x.com/thekenyatimes/status/1845465902088650784?t=lYrbEpMnEzZJnDxjbIdDYQ&s=19