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Wednesday, September 15, 2021

Nairobi Expressway to cost the taxpayer nothing — Government says

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The Nairobi expressway project will cost the taxpayer no money, the Government has said.

The Sh.300billion project will be funded by the contractor financiers, who will then charge road users at designated places between Bellevue and James Roroni.

The 18.586km road project will start at JKIA and end at James Gichuru, along Waiyaki way, in Westlands.

 China Road and Bridge Corporation (CRBC) will undertake the mega-project on a public-private partnership (PPP) basis.

The PPP framework agreement will see CRBC invest its own money and later recover it from the toll fees paid by motorists using the road.

This is a departure from the past where the government secured loans to fund construction of major projects.

The project which was launched by President Uhuru Kenyatta last week has been slated to take 3 years to construct.

It commences at the Junction of Mlolongo and JKIA, but will be elevated at Nextgen Mall, opposite Airtel.

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