Skip to main content

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

  • Honduran road improvement plan
    February 8, 2012
    Honduras intends to spend US$400 million on upgrading its road network. The World Bank will provide $110 million
  • Progress on Vietnam US$2bn transport infrastructure projects
    July 17, 2012
    Two major transport infrastructure projects in Vietnam with a combined value of more than US$2billion are a step closer to completion. A tender to appoint a contractor for the US$1.47billion Danang-Quang Ngai highway development has been published by Vietnam Expressway Corp (VEC).
  • Investing in road transport boost economies
    April 30, 2015
    Transport investment faces a shortfall that can perhaps never be breached – David Arminas writes There “will never be sufficient funds for all planned road activities,” said Ben Gericke, transport specialist at The World Bank. The road maintenance industry is going to have to use the best possible contract strategy to win the investment it needs. Speaking at the PPRS Paris 2015 Pavement Preservation and Recycling Summit, Gericke said that the best way for the global highway construction and road maint
  • New ring road to solve problem of traffic jams in Ukraine capital Kiev
    May 10, 2018
    Ukraine’s capital Kiev will benefit from a new ring road – Eugene Gerden writes The government of Ukraine, together with the authorities of the Ukrainian capital Kiev, plans to invest up to US$2 billion in the building of a new ring road around the city. The new road, known as the Great Ring Road, will be around 200km long, of which 65km will be of existing roads and 148km of new roads. The ring road will connect three international transport corridors that run through the territory of Ukraine, as well