Kenya drops US firm, plans 4-lane Nairobi-Mombasa road
Nairobi, July 20 -- The government will expand the existing Nairobi-Mombasa highway to at least four lanes and charge a toll fee for its use, abandoning earlier plans by a US investor to construct a new expressway.
A new report by the Treasury's Public-Private Partnerships (PPP) Directorate shows that that bids for a transaction advisor to restructure the project have already been received.
The transaction advisor will also review the project's technical and financial feasibility and advise on the procurement of a private investor to upgrade the existing corridor into a four-lane highway that motorists will pay to use.
"The project scope comprises of enhancing the capacity of the 461Km Mombasa-Nairobi (A8) Road, by expanding its capaci...
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