Higher motor insurance costs likely in Sh60bn plan for roads maintenance

A truck at the Mariakani weighbridge. Overloaded trucks are blamed for road destruction. FILE PHOTO | NMG

The cost of motor vehicle insurance and licensing may soon rise as the government mulls a new levy to help raise an additional Sh60 billion to finance road maintenance.

The Kenya Roads Board (KRB) is also considering new levies on outdoor advertisement in addition to incorporating long-term infrastructure bonds and public private partnerships (PPP) to help bridge budget shortfalls.

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Note: The results are not exact but very close to the actual.