Kenya plans ambitious roads programme

The Kenyan Government has ambitious plans for road infrastructure development. The country’s new road expansion programme will be funded in part by commercial banks and other financial institutions, which will provide some US$2.93 billion. This will help pay for the three year road construction programme. The Kenyan Government aims to negotiate for loans from financing institutions with the funds then being provided to contractors to construct and maintain roads. The first phase of the programme will be to
September 8, 2014 Read time: 1 min

The Kenyan Government has ambitious plans for road infrastructure development. The country’s new road expansion programme will be funded in part by commercial banks and other financial institutions, which will provide some US$2.93 billion. This will help pay for the three year road construction programme. The Kenyan Government aims to negotiate for loans from financing institutions with the funds then being provided to contractors to construct and maintain roads. The first phase of the programme will be to build 5,000km of roads. More than 100 Expression of Interest bids have been opened for the public private partnership project.

Road Structures

Related Content

  • Poland's big transport plans
    July 6, 2012
    The European Investment Bank (EIB) looks likely to grant Poland a loan of €1.6 billion to carry out several key infrastructure projects. Some of the money will be used to finance the A2 highway from Lodz to Warsaw; Warsaw's southern ring road and a 50km section of the A4 highway to link with Germany.
    Read More
  • Julián Núñez, head of ASECAP offers a little Spanish enlightenment
    May 1, 2018
    Julián Núñez, president of ASECAP, gets his teeth into the vision of a European strategy for toll roads. David Arminas reports from Madrid Getting European politicians to agree to a long-term cross-border highway infrastructure programme for toll roads is extremely difficult. It’s a bit like pulling teeth. People want to avoid the pain. This is perhaps a bad analogy to use in the case of Julián Núñez, president of ASECAP - European Association of Operators of Toll Road Infrastructures. Núñez had just sat
    Read More
  • Kenyan key contract being built by Bechtel
    August 9, 2017
    Bechtel has won a major project to build and important highway link in Kenya. This will be the first long stretch of high-speed expressway in Kenya and will connect the capital, Nairobi, with the country’s main port, Mombasa. The project for the 473km connection is being supported with financing from US and UK sources. Once the new route is open to traffic, journeys between Nairobi will take just four hours by road, instead of 10 at present.
    Read More
  • Argentina seeking road funding opportunities
    October 10, 2018
    Argentina is looking at financing solutions that will help the country develop and improve its road network. The country’s Transport Ministry has been holding discussions in New York with a series of major banks and finance institutions. Many of the new highway projects projected for Argentina will be carried out under the PPP model, with a new financial framework and trust fund having been planned to pay for the works. In all the programme of works calls for 7,200km of road works to be carried out using th
    Read More

Highlighted Content