Kenyan roads see European investment

Kenya's road system will benefit from an additional grant worth €148.4 million from the EU.
February 28, 2012 Read time: 1 min
Kenya's road system will benefit from an additional grant worth €148.4 million from the 3287 EU. The Kenyan authorities will use the sum for a number of key highway projects. The Roads and Transport department will use €90 million for improvements to a 122km stretch of the Merille-Marsabit road. Other portions will be used for sector policy studies and technical assistance.

For more information on companies in this article

EU

Related Content

  • Almi Invest Greentech invests in Elonroad
    May 20, 2021
    Other investors in Swedish electric road developer Elonroad include transport and logistics company Bring and EU venture capital fund EIT Urban Mobility.
    Read More
  • Asphalt plant producers see major worldwide successes
    November 21, 2014
    Asphalt plant manufacturers report major supply deals for highway and construction projects - Pat Smith writes International asphalt plant manufacturers have been reporting major successes with their products, which are now working on highway and airport projects worldwide.
    Read More
  • The IRF is gearing up for greener road infrastructure
    March 13, 2014
    Prominent new publication reinforces IRF Geneva’s long-standing commitment to making sustainable transport a reality Moving Towards Green Road Infrastructure: Case Studies and Lessons Learned’ is the latest in a series of practical resources developed by IRF Geneva aimed at identifying tangible solutions for encouraging sustainability at every stage of the road infrastructure life cycle. Formally launched last December in the framework of the IRF Geneva Summit ‘Bringing Policy and Practice Together’,
    Read More
  • Innovative financing mechanisms for sustainable roads funding
    July 5, 2016
    Francesco Micci discusses innovation in funding methods All countries need an efficient and extended road transport system to sustain both the social development and the economic competitiveness. The latest trends show that the demand for road infrastructure is constantly growing, despite the negative impact of the financial and economic crisis on public and private financing. Global spending regarding road transport infrastructure actually accounts for roughly US$580 billion worldwide, and is projected
    Read More

Highlighted Content