Japanese loan for Kenya transport development

Kenya’s port of Mombasa will benefit from transport link improvements through a loan facility provided by Japan.
July 7, 2017 Read time: 1 min

Kenya’s port of Mombasa will benefit from transport link improvements through a loan facility provided by Japan. The US$114 million loan from Japan is for a 30 year period and will pay for phase two of the Mombasa Port Area Road Development Project. This will pay for the construction of two sections of road of 7km and 9km and running from Mteza to Kibundani and Mwache Junction to Mteza respectively.

Meanwhile controversy surrounds the collapse of the Sigiri bridge in Busia Country. The structure was incomplete and was being built by a Chinese contractor, Chinese Overseas Construction & Engineering Company in a project worth $12 million. The bridge had been visited by Kenya’s president two weeks prior to its collapse.

Road Structures Finance & Funding

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