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.
Finance & Funding Road Structures

Related Content

  • US$201.5 million loan for Ivory Coast road
    October 7, 2024
    A US$201.5 million loan will help pay for an Ivory Coast road project
    Read More
  • Contract for Romanian highway construction signed
    May 10, 2012
    In Romania the road authorities have signed a deal for the construction of a 22km stretch of highway in a contract worth €91 million. The Portuguese contractor Monte Adriano will construct the section linking Nadlac with Pecica. Romania has pledged to improve and expand its highway network with the construction of new links, and much of the funding for its highway plans has been provided by the European Bank for Reconstruction and Development and the European Investment Bank (EIB).
    Read More
  • Funding for Uzbekistan’s road plans
    October 31, 2014
    The authorities in Uzbekistan have plans in hand to construct some 423km of roads in 2015. Funding for a considerable portion of the construction work will come in the shape of loans. The Asian Development Bank is one of the funding sources and is providing loans being sued for financing 85km of the work required. The country has budgeted around US$1.17 billion for purchasing of road building equipment, an increase of 35% from the previous year.
    Read More
  • Cambodia road reconstruction projects, financing secured
    March 28, 2018
    Financing has been secured for key road reconstruction projects in Cambodia. Work is being carried out on six road projects in the country that measure a total of 600km, as well as a bridge, with this all costing some US$490 million. A loan of $94 million will help pay for the rebuilding of Cambodia’s National Road No 11 as well as a stretch of bypass. In all 96.5km of road will be rebuilt for this project, with the work intended to improve transport connections between Thbong Khmum Province and Prey Veng P
    Read More

Highlighted Content