Thu. Jun 30th, 2022


As the 27km Nairobi Expressway – touted as a game changer – awaits official presidential commissioning in coming weeks, its ballooning construction cost, soaring toll fees, and fines already signal a bumpy financial ride for both taxpayers and motorists using it.

Information from Kenya National Highways Authority (Kenha) shows that the Expressway budget was to be fully financed by China Road and Bridge Corporation (CRBC) at an initial cost of Ksh65bn ($559m) in October 2020 – but this has surged by 33% in less than 2 years.

In 2021, the government spent Ksh15.5bn for land compensation and transferring of utilities to pave the way for the construction of the highway. This was followed by Ksh7.6bn explained as a ‘need for extra funding’ by the Transport Cabinet Secretary James Macharia.

Your browser could not fetch this story

If you are reading this message your browser has Javascript disabled. Please enable Javascript in order to access to this story.



Source link

By Joy

Leave a Reply

Your email address will not be published. Required fields are marked *