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

  • Nepal’s road network continues to develop
    October 15, 2012
    Data from the Nepalese Government shows that work is on-going to upgrade the country’s road network. Public Road Statistics from the Ministry of Physical Planning, Works and Transport Management show that 1,180km of new roads have been constructed in Nepal in the 2011-2012 fiscal year. The statistics reveal that of the 1,180km of roads, 290km were surfaced with asphalt and 407km were gravel roads, while there were also 47 new bridges built in the period. The target for the 2011-2012 fiscal year however was
    Read More
  • Angola road projects are being awarded
    July 26, 2017
    In Angola’s capital Luanda, three key road projects have now been awarded, with the work intended to help improve urban traffic flow and cut congestion at peak periods. One project will be carried out by the Chinese contractor China Railway 20 Group International. This project is worth some US$142.3 million and is for the second stage of the South-West Luanda Boulevard, which will run along the coast. Contractor Tecnovia Angola will handle the work for the other two projects. One is the $1 billion project f
    Read More
  • Vietnam’s massive road expansion plans
    March 13, 2024
    Vietnam has massive road expansion plans, with 19 transport projects in the frame.
    Read More
  • Australian mega link route opens
    November 29, 2012
    Australia’s largest and most complex transport infrastructure project in the city of Brisbane has been officially opened to traffic. The first vehicles have now used the Airport Link, Northern Busway (Windsor to Kedron) and Airport Roundabout Upgrade projects, which together form an extensive US$5.85 billion transport project. The project in Australia’s third most populous city in the state of Queensland comprises a toll road and dedicated busway route, together involving almost 12km of tunnels (described
    Read More

Highlighted Content