Jubilee government 2013 manifesto pledge fulfilled. CCCC will spend Kshs 50 billion of its own funds to build this road after GoK ended its contract with world bank in 2018. This will now be a purely private finance, build, maintain and operate by CCCC. The dual road below will be a free public but still maintained by CCCC for free as part of the package. It has a BRT lane but the jury is still out as to whether that will work in Kenya or not. The middle section will be the express toll road that motorists will pay to cruise fast directly to CBD, museum hill or westlands in 10-15 mins from JKIA airport.
The elevated section from Nyayo stadium to Westlands.
James Gichuru interchange where the project ends.
All at zero cost to GoK. CCCC have set a 24 months timeline to complete project.
CCCC and KeNHA are still collecting views and opinion on this road project. For example they have agreed to extend the project to Mlolongo in Athi River to avoid a bottleneck at JKIA interchange. It will now link directly with the ongoing dual road construction project of Athi River to Monza that is ongoing.
Either way its a great deal, from taking world bank loan of Kshs 50 billion to giving CCCC a 25 years lease to build, operate, finance and transfer this project to government for free at their cost. I wish we could do all our development projects like this going forward.
There are many investment guarantees companies in China and globally. Let them take those insurance premiums from them. However that’s is the worst case scenario. However many will opt to cruise that’s for sure.