Kenya highway project receives Chinese funding

A key Kenyan highway project is being funded by Chinese sources. The JKIA-James Gichuru expressway in Kenya’s capital, Nairobi, is receiving a financing package worth US$505.5 million from China. The new expressway will be built by the Chinese contractor, China Road and Bridge Corporation (CRBC). The aim of the project is to reduce congestion on the existing Mombasa highway. The new link will also include lanes specifically for bus rapid transit (BRT) .
May 2, 2019 Read time: 1 min
A key Kenyan highway project is being funded by Chinese sources. The JKIA-James Gichuru expressway in Kenya’s capital, Nairobi, is receiving a financing package worth US$505.5 million from China. The new expressway will be built by the Chinese contractor, China Road and Bridge Corporation (CRBC). The aim of the project is to reduce congestion on the existing Mombasa highway. The new link will also include lanes specifically for bus rapid transit (BRT) .
Finance & Funding

Related Content

April 17, 2018

Funding issues – delays to Kenya’s major highway project?

Concerns over financing are delaying progress on Kenya’s massive highway connection project. The new highway between the capital Nairobi and the country’s premier port of Mombasa is expected to cost in the region of US$3.5 billion. Construction is being managed by the US contractor Bechtel, which is sourcing suitable funding from private firms and has considerable experience of building highways in developing nations. But the sheer scale of this project, one of the country’s largest since its independence,
boombox1

Highlighted Content

boombox2