Kenya is marketing a project to raise $1.3bn needed for the upgrading of the Mombasa-Nairobi (A109) and Nairobi-Nakuru (A104) highways to dual-carriage ways.
It is hoped that funds for the projects will come from foreign financiers and commercial banks using a public-private partnership (PPP) model. The Kenyan transport ministry is intending to develop 681 kilometres of dual carriageway road, at a cost of $2m per kilometre. The cost will rise further if interchanges and additional service lanes are added.Marketing of the project has been delegated to specific transaction advisors, who are working on tendering processes and undertaking feasibility studies. They will assist the government in procurement work and market the road projects to potential concessionaires in international markets.
Kenya has already commenced a 10 000km annuity roads project, in which it plans to rehabilitate and/or construct new roads.