Kenya road project funding withdrawn

A loan from the World Bank worth US212 million to the Kenyan Government for road works has been cancelled. The loan was to have been used to build new road connections in capital Nairobi, including a link with Jomo Kenyatta International Airport. Another road to have been funded by the finance package from the World Bank was the A104, connecting James Gichuru with Rironi, located the north west of the Kenyan capital. However, the upgrade work for this 16km stretch of dual carriageway has become shrouded i
August 22, 2019 Read time: 1 min
A loan from the World Bank worth US212 million to the Kenyan Government for road works has been cancelled. The loan was to have been used to build new road connections in capital Nairobi, including a link with Jomo Kenyatta International Airport.


Another road to have been funded by the finance package from the World Bank was the A104, connecting James Gichuru with Rironi, located the north west of the Kenyan capital. However, the upgrade work for this 16km stretch of dual carriageway has become shrouded in controversy due to concern that the claims for compensation payments have been over-inflated.

Finance & Funding

Related Content

  • Kenya port suspension bridge project makes progress
    January 15, 2019
    A new suspension bridge in Kenya’s key port city, Mombasa, will help unlock potential – Shem Oirere reports Plans for the construction of a US$200 million suspension bridge in Kenya heva moved a notch higher. The country's urban roads agency recently announced the shortlisting of three bidders for the design, finance, construct, operate, maintain and transfer public private partnership (PPP) contract model. Kenya Urban Roads Authority (KURA) is a state agency that manages, develops, rehabilitates and mai
    Read More
  • Road investment benefit for Montenegro
    February 11, 2014
    China's Exim Bank is providing financing worth some €800 million to the Government of Montenegro for a highway project. The loan will be used to pay for work to a section of the Bar-Boljari highway stretch. The work on the Podgorica-Kolasin stretch is due to commence shortly and will be carried out by the Chinese contractor CC International. The Government of Montenegro will borrow some €118 million for capital projects and €240 million for the budget requirements. Of this, €10 million is to be borrowed fro
    Read More
  • New Polish road projects planned
    March 19, 2021
    New Polish road projects are now being planned.
    Read More
  • Peruvian road project paperwork delay
    May 12, 2021
    Paperwork problems have caused delays to a Peruvian road project.
    Read More

Highlighted Content