×
App Icon
The Standard e-Paper
Informed Minds Prefer The Standard
★★★★ - on Play Store
Download Now

Budget headwinds leave Sh260b funding hole for airports

Vocalize Pre-Player Loader

Audio By Vocalize

When the first batch of travelers that used the Electronic Travel Authorization system to come to Kenya without Visa arrived at the Jomo Kenyatta International Airport on January 05, 2024. [Denish Ochieng, Standard]

International firms are jostling to take over the Jomo Kenyatta International Airport as the government opens up local aviation infrastructure to the private sector to fill a Sh260 billion financing gap.

The government recently disclosed that State-owned airports across the country face a Sh260 billion (Sh2 billion) financing hole to bring their operations up to date.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Opinion
Managing families' rising household debt
Business
South African education firm's dual bet in Kenya growth strategy
Business
Kenya and Rwanda eye pact to grow regional tourism
By Amos Kiarie 18 hrs ago
Business
Export agency steps up push for new markets