Skip to main content

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.

Related Content

  • Road transport key to Africa's trade links
    February 17, 2012
    Road transport is the key to improving Africa's links within its own territory, and further afield as Patrick Smith reports. Development of road transportation is the key to the future of the African economy, and countries on the continent are making great strides. According to a report by a transport infrastructure expert at the New Partnership for Africa's Development (NEPAD), within the next 15 years the value of trade in Africa could reach US$250 billion if a $32 billion investment is made to integrate
  • Trimble helps bring Indonesia up to speed on the latest heavy construction technology
    March 28, 2014
    Indonesian infrastructure investment is seeing major highway expansion - Simon Gould writes Over the next 12 years, Indonesia has planned some massive infrastructure investments, under a master plan aimed at bringing it up to developed country status by 2025. Its Government’s Masterplan for Acceleration and Expansion of Indonesia's Economic Development (MP3EI) envisages infrastructure spending of US$400 billion between 2011 and 2025 to help achieve this (see sidebar for more on MP3EI). With limited funds of
  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
  • East Africa drives towards road tolling
    March 18, 2016
    Road tolling is increasing in East Africa as the region’s countries expand highway networks - Shem Oirere writes. The drive towards road tolling in East Africa is gaining momentum. Uganda appears to have broken ranks with its neighbours to make huge strides in achieving progress with this innovative road financing plan. Road tolling has hitherto has been held back in East Africa for lack of political goodwill and State bureaucracies. Kenyan government officials have made announcements on planned road tollin