Funds from Kuwait, Saudi Arabia and the UAE to pay for Kenyan road

A loan from Saudi Arabia will help fund construction of a major road link in Kenya. The US$27 million package is being provided on a 30 year loan by the Saudi Monetary Fund. This will be used to help pay for a $130 million project to build the new Mudogashe-Nunow road with work commencing in 2014.
September 16, 2013 Read time: 1 min
A loan from Saudi Arabia will help fund construction of a major road link in Kenya. The US$27 million package is being provided on a 30 year loan by the Saudi Monetary Fund. This will be used to help pay for a $130 million project to build the new Mudogashe-Nunow road with work commencing in 2014. The remainder of the funding required for the project will be supplied by sources in Kuwait and the UAE.
Finance & Funding Road Structures

Related Content

February 1, 2018

UAE-Saudi Arabia highway connection

Construction has been completed for the upgrade of the Sheikh Khalifa bin Zayed highway, which links the UAE with neighbouring Saudi Arabia. The project cost US$817 million and the work was carried out by the contractor, Abu Dhabi General Services Company (Musanada). The route runs 246km from the Mafraq region in Abu Dhabi to the border with Saudi Arabia. The road has been resurfaced and widened and now features three or four lanes, compared with the two lanes of the original route. The project included
boombox1

Highlighted Content

boombox2