Kenya agrees road deal with Iran

Kenya's highway network is to benefit from a tie-up with the Iranian Government. The new Rumuruti-Maralal road will be built using funding sourced by the Iranian Government. The 121km road is expected to cost some US$100 million.
May 29, 2012 Read time: 1 min
Kenya's highway network is to benefit from a tie-up with the Iranian Government. The new Rumuruti-Maralal road will be built using funding sourced by the Iranian Government. The 121km road is expected to cost some US$100 million. The Kenyan and Iranian Governments have signed a memorandum of understanding (MoU) for the project.

Related Content

  • Chinese investment sought for Cameroon roads
    September 19, 2024
    Chinese investment is being sought for Cameroon’s road improvements.
    Read More
  • Ethiopia’s building roads
    November 29, 2013
    Ethiopia is set to benefit economically from investment in a number of new key road links totalling over US$1 billion. The east African nation’s 218km Modjo-Hassan highway is expected to cost US$720 million to construct. The highway will be constructed in two stages. The first section of the route will stretch 93km from Modjo to Zeway and is expected to cost $350 million to complete. The second section of the highway will be 125km long and link Zeway with Hewassa and this stretch is estimated to cost $370
    Read More
  • Ethiopia’s challenging cement market: consumption stimulation
    January 26, 2018
    Ethiopia’s cement industry has enjoyed substantial growth in the past decade. However, challenges linked to the government’s investment policy could erode these gains, as Shem Oirere reports With nearly 16.5 million tonnes of cement capacity and 10% average growth in annual consumption, Ethiopia is among the top cement producers in sub-Saharan Africa. Only Nigeria and South Africa rival it.
    Read More
  • Kenyan road projects planned
    January 11, 2023
    A series of Kenyan road projects is being planned
    Read More

Highlighted Content