Kenya road project receiving World Bank funding

The World Bank Group is providing funding worth US$500 million for the development of a key transport corridor in the north-west of the country. This comes under the East Africa Regional Transport, Trade & Development Facilitation Project. The general aim of the project to build the corridor is to provide economic and social development for communities in the counties of West Pokot and Turkana. The government of Kenya will contribute the remainder needed for the $676 million project.
June 29, 2015 Read time: 1 min
The World Bank Group is providing funding worth US$500 million for the development of a key transport corridor in the north-west of the country. This comes under the East Africa Regional Transport, Trade & Development Facilitation Project. The general aim of the project to build the corridor is to provide economic and social development for communities in the counties of West Pokot and Turkana. The government of Kenya will contribute the remainder needed for the $676 million project.
Road Structures Finance & Funding

Related Content

  • Loan helping fund Slovenian highway project
    June 18, 2015
    The European Investment Bank (EIB) is providing a loan worth €145 million that will help fund a key highway project in Slovenia. The loan is being given to the Slovenian state highway company DARS for the project to construct a 13km section of the Drazenci to Gruskovje highway. The total cost of the project is €303.4 million. The remainder of the financing required is being provided jointly by the EU and Slovenia itself. Construction work on the project is due to commence in 2015 and continue until mid-2018
    Read More
  • Polish projects to get Cohesion Fund cash
    March 6, 2018
    Almost €790 million will be allocated from the Cohesion Fund for three road projects which improve the country's communication with Germany and other Western and Eastern European countries. Around €270 million will be for the Garwolin-to-Kurow S17 dual carriageway, another €125 million to build a stretch of the S6 dual carriageway between Goleniow and Kielp and €390 million for the S2 on the outskirts of Warsaw.
    Read More
  • Transport corridors to help deliver shared prosperity
    September 28, 2018
    Leading actors set the stage at the European Road Conference, October 22nd -24th in Dubrovnik, Croatia South East Europe is at an important crossroads in the development of its transport connectivity programs, securing a critical role as a gateway for international trade routes. At a time of growing motorisation, the region’s network of roads and highways is currently its largest public asset. However, significant challenges remain to enhance the safety, efficiency, environmental sustainability and re
    Read More
  • Re-inventing Africa’s Transport Model - The 2nd IRF Africa Regional Congress
    September 13, 2017
    Lack of effective coordination among Africa’s transportation stakeholders is inhibiting the impacts of existing programs, but technology and innovation are increasingly understood as essential drivers to propel Africa forward in meeting its development goals. These were some of the main findings of the 2nd IRF Africa Regional Congress which was held July 11th-13th in Windhoek, Namibia.
    Read More

Highlighted Content