Skip to main content

World Bank helping fund Kenya road

Funding from the World Bank (WB) will help finance a key Kenyan road project. The US$440.61 million credit line is being provided by the WB to the Kenya National Highways Authority. This will be used for upgrading the Lodwar-Nadapal Road in Kenya. The upgrading will involve construction of bridges, culverts and other drainage facilities.
December 7, 2015 Read time: 1 min
Funding from the World Bank (WB) will help finance a key Kenyan road project. The US$440.61 million credit line is being provided by the WB to the Kenya National Highways Authority. This will be used for upgrading the Lodwar-Nadapal Road in Kenya. The upgrading will involve construction of bridges, culverts and other drainage facilities.

Related Content

  • Loans for Georgian roads
    July 20, 2012
    Loans from the European Investment Bank (EIB) and the EU will finance highway work in Georgia. The funds will be used to pay for the construction of the high-speed motor road running from West – East across Georgia. The EIB will give a long-term preferential credit worth €170 million, while the EU will provide a €20 million grant. As part of the project, a four lane highway measuring 52km will be built from Samtrediya – Grigoleti, while the 16km section Grigoleti - Kobuleti stretch will be repaired.
  • Bangladesh expressway funding secured
    November 11, 2021
    Funding has been secured for a key expressway project in Bangladesh.
  • Vietnam’s authorities plan to invest in concrete roads
    April 4, 2012
    The highways authorities in Vietnam intend to increase the percentage of roads and highways built from concrete. A pilot project will see the construction of a 25km highway link connecting the Cau Gie-Ninh Binh and Hanoi-Haiphong expressways. The Department of Planning and Investment is setting out a plan for transport project development using concrete instead of asphalt. The plan will run at least until Transport. The aim behind this strategy is to increase the longevity of road surfaces.
  • India road financing package secured
    July 24, 2019
    A major long term financing package has been secured for highway projects in India. The National Highways Authority of India (NHAI) will benefit from a credit package worth nearly US$ 3.4 billion. This is being provided by the Life Insurance Corporation of India (LIC). The deal involves bonds issued for a 30-year period. India has also announced plans to continue with its massive road development programme. By 2024/25, the $10.8 billion road development programme will have extended the country’s network b