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

  • Challenges and investment opportunities in East Africa transport infrastructure Sector
    November 21, 2014
    East Africa offers considerable potential for transport infrastructure expansion and investment - Shem Oirere reports Infrastructure, infrastructure and more infrastructure is what is needed to make East Africa the favoured destination and Kenya, Tanzania, Uganda and Rwanda have unveiled grand plans to enhance the infrastructure both nationally and regionally.” This is how market analyst Deloitte introduced its 2014/15 budget analysis for the four countries in July.
    Read More
  • Panama plans
    June 18, 2012
    In Panama the highway operator ENA is looking for funding for work to key road stretches on the North and South corridors. The work is expected to cost US$260 million. The work will include a new 10km stretch as part of Phase II of the Brisas del Golf - 24 Diciembre road at a cost of $114 million. The construction work will be carried out by Mexican firm Ingenieros Civiles Asociados (ICA), which will receive $52 million from the Fiduciary Fund for Development. The rest is still to be sourced. Various soluti
    Read More
  • East Africa's new connection
    April 30, 2012
    A new US$743 million road project now looks set to go ahead that will radically improve transport connectivity between Kenya and Ethiopia. The government of the two countries recently agreed a deal to co-develop a network of roads measuring some 880km in all to connect these neighbouring nations. The Mombasa-Nairobi-Addis Ababa link is expected to take three years to construct and will form part of the Trans-African Highway corridor. The project is being financed with a loan from the African Development Ban
    Read More
  • Key Kenyan road connection
    March 28, 2022
    Financing is found for a key Kenyan road connection.
    Read More

Highlighted Content