Kenya plans ambitious roads programme

The Kenyan Government has ambitious plans for road infrastructure development. The country’s new road expansion programme will be funded in part by commercial banks and other financial institutions, which will provide some US$2.93 billion. This will help pay for the three year road construction programme. The Kenyan Government aims to negotiate for loans from financing institutions with the funds then being provided to contractors to construct and maintain roads. The first phase of the programme will be to
September 8, 2014 Read time: 1 min

The Kenyan Government has ambitious plans for road infrastructure development. The country’s new road expansion programme will be funded in part by commercial banks and other financial institutions, which will provide some US$2.93 billion. This will help pay for the three year road construction programme. The Kenyan Government aims to negotiate for loans from financing institutions with the funds then being provided to contractors to construct and maintain roads. The first phase of the programme will be to build 5,000km of roads. More than 100 Expression of Interest bids have been opened for the public private partnership project.

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Kenya soon to start on its eight-year road works programme

The Kenyan government will pay nearly US$557 million (€446 million) annually to contractors for building 10,000km of roads over eight years. A special annuity fund was also set up to fund road construction that will be under a new private finance initiative programme. The work, to be done in phases, will start by the end of this year. The first phase is for 3,000km, of which 1,940km will be managed by Kenya Rural Roads Authority and 365km by Kenya Urban Roads Authority. Kenya Highways Authority wil
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