State risks Sh180bn fee for cancelling Rironi-Mau Summit road
Nairobi, Oct. 26 -- Taxpayers face a potential Sh180.73 billion liability if Kenya terminates the 30-year contract for the Rironi-Mau Summit highway project.
The exposure represents nearly 44 percent of the Sh413.81 billion bill for terminating existing and advanced public-private partnership (PPP) projects in the year that starts July 2027, according to latest budgetary documents published by the Treasury.
Published by HT Digital Content Services with permission from Business Daily....
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