Key Kenyan road connection

Financing is found for a key Kenyan road connection.
Finance & Funding / March 28, 2022 25 seconds Read
By MJ Woof
An important road project has been awarded to a contractor in Kenya - image courtesy of © Mycolors, Dreamstime.com
The necessary financing has now been secured for an important road project in Kenya. The US$151.4 million project was awarded to the Portuguese contractor, Mota-Engil Africa by the Kenyan Urban Roads Authority (KURA).

The package of works is for two stretches of the route, Lot 15 that stretches 44.9km and is in Central Kenya Lot 18 that measures 35.1km and is in Western Kenya.

The terms of the deal require the contractor to build the links within two years and operate them for eight years.
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