Dams: The new cash cow for tenderpreneurs in Kenya

Disir

Platinum Member
Sep 30, 2011
28,003
9,608
910
Dam construction is the latest cash cow for tenderpreneurs under the Jubilee government.

Deals worth Sh700 billion to construct the water facilities have been entered into or are awaiting signing.

Investigators are now raising questions on the huge amounts involved in construction of the dams and whether there will be value for money.

Daily Nation investigations have also revealed that procurement processes and construction of most of the dams are being carried out under the Engineering, Procurement, Construction and Financing (EPCF) scheme, where the contractor is not only responsible to engineer, procure and construct the project, but also has to finance it, a model that is prone to abuse.
Dams: New cash cow for tenderpreneurs

Never ending scams.
 

Forum List

Back
Top