× Business BUSINESS MOTORING SHIPPING & LOGISTICS DR PESA FINANCIAL STANDARD Digital News Videos Health & Science Lifestyle Opinion Education Columnists Moi Cabinets Arts & Culture Fact Check Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS
×

US Export-Import and overseas Private Investment Corporation to finance the project

NEWS
By David Mwitari | Aug 17th 2017 | 1 min read
By David Mwitari | August 17th 2017
NEWS

At  glance

  • Nairobi-Mombasa drive takes between 10 and 12 hours
  • SGR train takes about 4 hours and  30 minutes
  • Mombasa is home to Kenya’s port and a tourist attraction

NAIROBI, KENYA:  The Kenya National Highway Authority (KeNHA) is now set to oversee the construction of a new high-speed highway that will cost Sh230 billion.

Bechtel International, a US based engineering firm, will do the construction after signing the agreement with the Kenya's Highway Authority.

"Bechtel has been selected to build the first high-speed expressway in Kenya. The 473-kilometre highway will improve connectivity and safety," KeNHA's director general Peter Mundinia  told reporters.

The US Export-Import and overseas Private Investment Corporation will finance the project.

"The highway will have four lanes with provisions for future expansion to six  and 19 interchanges, It will reduce time taken to Mombasa from Nairobi to roughly four hours" Mr.Mundinia said.

KeNHA says that the project has been structured in such a way that it will be completed in time to allow motorists to use it soonest possible. Bechtel is among the largest construction companies in the world and it has already set up it African office in Nairobi.

Share this story
‘Kingpin’ of KDF hiring scam set free
A man arrested for being in possession of fake Kenya Defence Forces (KDF) recruitment letters has been acquitted.
China rejected Kenya's request for Sh32.8b debt moratorium
China is Kenya’s largest bilateral lender with an outstanding debt of Sh692 billion.
.
RECOMMENDED NEWS
Feedback