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

  • Webuild sees double-digit growth in H1
    July 28, 2025
    Construction group's growth 'greater than expected' with revenues up 22%
    Read More
  • International funding for Vietnam project
    February 13, 2012
    Funding for a 3km cable-stayed bridge in Vietnam's Mekong Delta region will be boosted with financial backing from the Export-Import Bank of Korea (Korea Eximbank).
    Read More
  • Argentina road and transport projects receiving funding
    April 3, 2017
    Argentina looks set to benefit from a series of major new transport projects. Loans worth up to US$650 million will help pay for a series of projects, including Argentina’s contribution to the Agua Negra Tunnel link with neighbouring Chile. The loans will be organised by the Inter-American Development Bank (IADB). A further loan of $156 million to road concession company AUSA will help pay for transport projects in Buenos Aires, including the construction of the Lacarra Bridge to connect with Lanus and upgr
    Read More
  • Ethiopia-Somalia road project underway
    March 11, 2019
    Work is now starting on the 234km road that will connect the Ethiopian town of Togochale with Berbera Port in neighbouring Somalia. The project is being carried out in three phases and will cost US$400 million in all, with this first 72km section costing some $90 million. The project is of key importance to both countries, as well as for East Africa’s economy as a whole. Landlocked Ethiopia’s economy has been growing healthily in recent years but has been constrained by a lack of access to a port. Meanwhile
    Read More

Highlighted Content