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Kenya Ditches Multibillion Road Project After Building Just 172km

kenyans.co.ke/news/1...

submitted 12 months ago by Samuelwriter_ke

Kenya Ditches Multibillion Road Project After Building Just 172km

submitted 12 months ago by Samuelwriter_ke

Kenya Ditches Multibillion Road Project After Building Just 172km
  • Kenya has decided to cancel plans to build 10,000 kilometers of roads using commercial bank loans due to concerns about high costs.
  • Instead, the government will now fund these rural road projects through budget financing after scrapping the road annuity model, which was found to be expensive and not providing value for money.
Read more on kenyans.co.ke
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