The fund marks a new chapter in financing our transformation, making us the architects of our own future. It will close the infrastructure financing gap by raising over KSh5 trillion to fund key projects, including the production of 10,000 megawatts of clean energy, 50 mega dams, 200 micro-dams and more than 1,000 small dams, 2,500km of dual carriageways, and 28,000km of roads.
Additionally, we will have the necessary financing for extending the Standard Gauge Railway from Naivasha to Malaba and Kisumu and expanding Jomo Kenyatta International Airport, among many others.
The fund will help us structure our priorities, and package them into investable instruments. It will also de-risk our economy by providing a framework that attracts investors rather than merely encourage them to invest.
The Kenyan National Infrastructure Fund is not an experiment; it is a model that has succeeded in other jurisdictions. With it, our journey to attaining first-world economy status is within reach.
Glad that today, we have delivered a pledge we made to the people of Kenya in our manifesto.
Assented to the National Infrastructure Fund Bill, State House, Nairobi, in the presence of captains of industry from Kenya, Africa and the world.
By Anthony Solly
