Market –President Uhuru Kenyatta and his Tanzanian counterpart Samia Suluhu have today signed a lucrative trade deal that will see the two countries improve economically.
The Statehouse meeting, according to insiders, saw the two leaders pen down a gas agreement worth sh 100 billion.
The trade deal, according to communication sources, from Statehouse Kenya will see Tanzania government put up a gas pipeline from Dar es Salam to Kenya’s Mombasa.
Details indicated that the pipeline is planned to go through the Port of City of Tanga to Mombasa Kenya. Its main work will be to channel natural gas between the two countries.
Homenews.co.ke reported that Ms Suluhu seized that chance to praise the corporation Kenya has accorded her country especially in form of investment opportunities. She observed that Kenya’s government has always invested a lot in her country hence improving livelihood of her people.
According to the Publication, President Samia further observed that, upto now, her country has a total of 513 projects from Kenya alone that have created job opportunities in her country.
“We are not only neighbours geographically, but have other elements in common such as culture, language and shared heritage,” Samia stated as quoted by Homenews.co.ke.
And according to economists, if the gas project is completed as planned, it will help reduce the cost of living between the two nations.
Currently, Tanzania is harvesting its own gas deposits of a whopping 55 Trillion cubic feet.
