Kenyan investment?

Infrastructure investment will follow granting of a loan worth some US$400 million to Kenya.
February 17, 2012 Read time: 1 min
Infrastructure investment will follow granting of a loan worth some US$400 million to Kenya. The country has pledged to boost its road network as well as carrying out other infrastructure development should it receive the $400 million loan from the New York-based 2332 World Bank (WB). Some $1.1 billion in loans have been provided by the WB to Kenya since 2009, with most of the funds being used for road building and other development work.

For more information on companies in this article

Related Content

  • China transport investment
    November 27, 2012
    In China, the news that the construction industry has been waiting for came with an announcement over infrastructure spending. The Chinese Government said it will invest heavily in infrastructure spending over the next few years, some US$157 billion, particularly in extending the country’s high speed rail network. Some $4.45 billion will be invested in transport infrastructure in 2012. Of the total, $790 million will go on rural road improvements, of which 88% will be used in the central and western regions
    Read More
  • Bosnia Herzogovina highway project receiving EBRD loan
    September 12, 2018
    A loan from the European Bank for Reconstruction and Development (EBRD) worth €180 million will help to pay for the construction of the Corridor Vc highway project. This highway is of key importance for the economic development of Bosnia and Herzegovina as it will provide and improved transport connection with Europe. The loan will help to pay for the construction of three new sections of Corridor Vc, measuring some 16km. The loan will be provided in two tranches, with the first of up to €120 million and b
    Read More
  • Nepal's highway plans
    March 22, 2012
    The Nepalese Government is working on plans to build a series of highways that will improve north-south connectivity for this mountainous country.
    Read More
  • Uganda-Kenya link to be upgraded
    January 25, 2018
    An upgrade is planned for the road connecting Uganda with Kenya at the Suam-Bukwo-Kapchorwa border crossing. The majority of the project costs will be paid for by a loan package worth US$94.5 million being provided by the African Development Bank (AfDB). The remaining $11.2 million needed for the work will be paid by the Ugandan Government. The project should take 36 months to carry out and will involve improving the 118km road that runs from Kapchorwa in Uganda to Kitale in Kenya.
    Read More

Highlighted Content