World Bank providing loan for key Kenyan roads

The World Bank is offering the Kenyan Government a loan worth nearly US$300 million to fund road projects. The lion’s share of the money will be used to construct a double decker road link in Kenyan capital Nairobi. The 30 year repayment loan will also feature a grace period of 10 years. The Kenyan Government will contribute a small sum to the project and will also be in charge of the tender process.
October 9, 2012 Read time: 2 mins
The 2332 World Bank is offering the Kenyan Government a loan worth nearly US$300 million to fund road projects. The lion’s share of the money will be used to construct a double decker road link in Kenyan capital Nairobi. The 30 year repayment loan will also feature a grace period of 10 years. The Kenyan Government will contribute a small sum to the project and will also be in charge of the tender process. The planned road link will connect the Westlands roundabout with Mombasa Road, while part of the loan will also be directed towards the construction of bypasses in Meru and Kisumu. The plans form part of the Kenyan Government’s Urban Transport Improvement Project (NUTRIP). This programme of works is under the direction of the Nairobi Metropolitan Transport Authority and involves widening and upgrading highways, improving dilapidated urban roads and removing unnecessary roundabouts. The transport plan is being implemented jointly by 6679 Kenya Urban Roads Authority (Kura), Ministry of Transport, 2639 Kenya National Highways Authority (Kenha), 6680 Kenya Railways Corporation and the Ministry of Roads.

Related Content

  • France earmarks €5bn for road works up to 2022
    September 28, 2018
    France will invest €5.1 billion in maintenance and construction of highways up to 2022 as part of a major transportation strategy. The money for highways is within €13.4 billion that the government pledged to invest in the general transportation sector. More than half of the money will be for railways. In September, the French government outlined its infrastructure spending priorities for the decade to 2028. The government is to prioritise investment at key rail hubs outside Paris. Half the total €13.4
    Read More
  • Mega city transport in Mexico
    June 13, 2012
    Rapid urban growth is resulting in massive mega cities with major transport needs and Mexico City is one of the world’s largest – Mike Woof reports Mexico City is a vast, sprawling metropolis and one of the world’s largest cities, resulting in huge problems for its inhabitants, particularly with regard to infrastructure. Measuring population size is an inexact science for large cities as suburban areas can add to the figures considerably, especially in developing nations where unplanned expansion is as comm
    Read More
  • Kenya seeing gain in road safety?
    May 17, 2018
    Newly available crash data suggests an improvement in road safety in Kenya. In the period from January 1st to May 14th 2018, there were 1,095 traffic incidents, compared with 1,139 for the same period in 2017. The number of people being killed or seriously injured also dropped to 4,193, compared with 4,676 for the same period in the previous year. The figures were released by Kenya’s National Transport and Safety Authority, which said that primary factors involved in crashes included driving under the influ
    Read More
  • Kenya seeing gain in road safety?
    May 18, 2018
    Newly available crash data suggests an improvement in road safety in Kenya. In the period from January 1st to May 14th 2018, there were 1,095 traffic incidents, compared with 1,139 for the same period in 2017. The number of people being killed or seriously injured also dropped to 4,193, compared with 4,676 for the same period in the previous year. The figures were released by Kenya’s National Transport and Safety Authority, which said that primary factors involved in crashes included driving under the influ
    Read More

Highlighted Content