Kenya road surfacing contract awarded

Road surfacing work worth US$150 million will be carried out in Kenya on the routes connecting Modogashe to Habaswein and Samatar as well as Rhamu to Mandera. The work involves surfacing a total of 143km of roads. This will be carried out jointly by Hass Consortium-GVR Infra and Shandong Hi-Speed Nile Investment Company, supported by the Stanbic Bank of Kenya. The contract will take 30 months to complete, while Shandong Hi-Speed Nile Investment Company also has a deal for the PPP package that involves maint
September 11, 2018 Read time: 1 min
Road surfacing work worth US$150 million will be carried out in Kenya on the routes connecting Modogashe to Habaswein and Samatar as well as Rhamu to Mandera. The work involves surfacing a total of 143km of roads. This will be carried out jointly by Hass Consortium-GVR Infra and Shandong Hi-Speed Nile Investment Company, supported by the Stanbic Bank of Kenya. The contract will take 30 months to complete, while Shandong Hi-Speed Nile Investment Company also has a deal for the PPP package that involves maintaining the roads over a 10-year period. Stanbic Bank and China Exim Bank are partnering to deliver a financing package. The package of works is one of many that the Kenyan Government is awarding for road maintenance. In all some 10,000km of roads will be maintained in the country.
Asphalt milling, paving & compaction

Related Content

  • New Chinese road projects
    August 17, 2020
    Major new Chinese road projects are being planned.
    Read More
  • Corridor 10 project in Serbia may be delayed
    April 2, 2013
    A series of challenges are now facing the project to construct Serbia’s key Corridor 10 highway. The EU has asked the Serbian Government for details of the priority plan and deadlines for the completion of the Corridor 10 highway. At present three sections of Corridor 10 are at risk, due to delays and financing issues. These are the Ciflik-Pirot stretch, the Bancarevo tunnel and the Vladicin Han section. According to Serbian roads company Koridori Srbije, the construction schedule will be set by the end of
    Read More
  • World Bank providing loan for key Kenyan roads
    October 9, 2012
    The World Bank is offering the Kenyan Government a loan worth nearly US$300 million to fund road projects. The lion’s share of the money will be used to construct a double decker road link in Kenyan capital Nairobi. The 30 year repayment loan will also feature a grace period of 10 years. The Kenyan Government will contribute a small sum to the project and will also be in charge of the tender process.
    Read More
  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More

Highlighted Content