IN THE PRESS: Kenya plans $2 billion tolling investment


The Kenyan government will begin tendering in May for toll road contracts estimated to be worth $2 billion. This investment will fund five toll projects covering approximately 800 km, including a 482 km stretch between Mombasa and Nairobi. Kenya has retained consultancy firm PwC to advise on the development and maintenance of the project and will also be drawing on a $40 million World Bank loan to conduct feasibility studies.

Article originally from Bloomberg, 23rd March 2014